RHB | Malaysia | Inflation Picks Up In May, But Overall Demand Pressure Still Subdued

Economic Research	19 June 2015
Malaysia
Economic Highlights
Inflation Picks Up In May, But Overall Demand Pressure Still Subdued The headline inflation rate picked up to 2.1% y-o-y in May, after rising by +1.8% in April and compared with +0.9% in March. This was reflected in broad-based price increases in May, suggesting that the effect arising from the implementation of the goods & services tax on 1 April continued to be felt. At the same time, there could be some elements of higher imported inflation due to the ringgit depreciation.. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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