Inflation Remains Stable in September

Economic Research	21 October 2016
Malaysia
Economic Highlights
Inflation Remains Stable in September The headline inflation rate remained stable in September, unchanged from the previous month but higher compared to July, as the easing in cost of food and beverages was mitigated by the smaller magnitude of decline in cost of transport. The core inflation rate inched lower in September. Overall, prices are signaling a rebound amid the adjustments in administered prices and higher prices of imported goods due to the weak ringgit exchange rate. As a result, we envisage the headline inflation rate to remain manageable at 2.5% in 2017, compared with +2.0% estimated for 2016. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist: Aris Nazman Maslan | +603 9280 2184
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