Malaysia’s inflation growth slows to 1.5% in November, beating economists’ forecast

[KUALA LUMPUR] Malaysia’s inflation growth continued easing for the third consecutive month in November, with headline inflation growing slower at 1.5 per cent from a year earlier, a Department of Statistics Malaysia (DOSM) report indicated on Friday (Dec 22).

This was slower than the 1.7 per cent forecast by 17 economists in a recent Reuters poll.

Malaysia’s year-on-year (yoy) inflation growth stayed below 2 per cent since September, due to a higher base last year and slower growth in food prices. Last month, inflation expanded by 1.8 per cent in the country.