Malaysia’s inflation eases to 1.8% in November, below expectation
This comes as prices of apparels and communication services grow at a slower pace
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[KUALA LUMPUR] Malaysia’s inflation rate moderated to 1.8 per cent year on year (yoy) in November, as prices of apparels and communication services grew at a slower pace, a Department of Statistics Malaysia (DOSM) report indicated on Friday (Dec 20).
The final figure was lower than October’s 1.9 per cent and the 2.1 per cent forecast by economists in a recent Reuters poll.
Core inflation, meanwhile, remained steady for the third consecutive month at 1.8 per cent yoy in November.
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