Malaysia December inflation seen easing to 2.8% year-on-year
Published Mon, Jan 19, 2015 · 08:43 AM
[KUALA LUMPUR] Malaysia's annual inflation rate is expected to have eased slightly in December, a Reuters poll showed, as falling fuel prices offset the effects of higher food costs from severe floods.
The median forecast in the poll was 2.8 per cent, against November's 3.0 per cent.
Although oil prices slid further in December, the worst flood in decades hit several states in Peninsular Malaysia, causing crop prices to spike.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Saudi Arabia hikes oil selling prices for all grades to Asia
Slowing global economy to mean smaller revenue bump in Australian budget
Emerging-market optimism dashed by Fed as currencies, bonds sink
France’s Macron set to press China’s Xi on trade, Ukraine
Israeli Cabinet votes to shut down Al Jazeera’s local operations
Ukraine eases some wartime capital controls for businesses