Inflation Rate In Malaysia 2017
United overseas bank m bhd senior economist julia goh projects headline inflation to range between 3 5 and 3 8 from november to december bringing the full year s inflation to 3 9 in 2017.
Inflation rate in malaysia 2017. This page provides malaysia inflation rate actual values historical data forecast chart statistics economic calendar and news. This statistic shows the average inflation rate in malaysia from 2010 to 2024. Inflation rate in malaysia averaged 3 44 percent from 1973 until 2020 reaching an all time high of 23 90 percent in march of 1974 and a record low of 2 90 percent in april of 2020. Overall the price increase was 224 34.
As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Malaysia s inflation moderated for the second consecutive month in june thanks to lower fuel prices prompting economists to expect bank negara to maintain interest rates at the. In malaysia basket of goods and services that costing. Malaysia inflation rate for 2017 was 3 87 a 1 78 increase from 2016.
For 2019 an inflation rate of 0 7 was calculated. In 2018 inflation is expected to moderate to 2 5 on the back of a high base effect and assumption of global oil prices between us 50 and us 60 per barrel she said in a note. Data learn how the world bank group is helping countries with covid 19 coronavirus. Download historical data save as image.
Malaysia cpi inflation calculator. Jalan dato onn 50480 kuala lumpur malaysia. Inflation consumer prices annual malaysia indonesia united arab emirates from the world bank. Development of inflation rates in malaysia the inflation rate for consumer prices in malaysia moved over the past 40 years between 0 3 and 9 7.
In 2018 the average inflation rate in malaysia amounted to about 1 percent compared to the previous year. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy.