Malaysia Inflation Rate 2018

Development of inflation rates in malaysia. Malaysia inflation rate for 2017 was 3 87 a 1 78 increase from 2016. Focuseconomics consensus forecast panelists expect inflation to average 1 8 in 2021 which is up 0 1 percentage points from last month s forecast and 2 1 in 2022.

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Looking forward we estimate inflation rate in malaysia to stand at 2 10 in 12 months time.

Malaysia inflation rate 2018. Kuala lumpur march 28. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Overall the price increase was 224 34. This statistic shows the average inflation rate in malaysia from 2010 to 2024.

The inflation rate for consumer prices in malaysia moved over the past 40 years between 0 3 and 9 7. Malaysia inflation rate for 2018 was 0 88 a 2 99 decline from 2017. In 2018 the average inflation rate in malaysia amounted to about 1 percent compared to the previous year. For 2019 an inflation rate of 0 7 was calculated.

Bank negara malaysia bnm has projected malaysia s 2018 headline inflation to average between 2 and 3 after taking into account a higher base in 2017 and stronger ringgit. Bnm sees malaysia 2018 inflation at 2 to 3. Malaysia inflation rate for 2016 was 2 09 a 0 01 decline from 2015. Malaysia inflation data.

Consumer price index malaysia january 2018 inflationrose 2 2 per cent in january 2018 as compared with the same month of the previous year. Inflation rate in malaysia is expected to be 1 50 percent by the end of this quarter according to trading economics global macro models and analysts expectations. Moreover the annual average variation of consumer prices fell to minus 0 7 in october september. During the observation period from 1979 to 2019 the average inflation rate was 3 0 per year.

Core inflation rate in malaysia averaged 1 76 percent from 2016 until 2019 reaching an all time high of 3 60 percent in february of 2016 and a record low of 0 20 percent in july of 2018.