Friday, September 25, 2015

RHB | Malaysia | Inflation Eased In August Amid Fuel Price Reduction

Economic Research
25 September 2015
Malaysia

Economic Highlights




The headline inflation rate moderated to 3.1% y-o-y in August, after rising by +3.1% in July and compared with +2.5% in June. This was mainly attributed to a drop in transport cost, following a reduction in retail fuel prices beginning of August, after back-to back hikes in June-July. Meanwhile, impact of the Goods & Services Tax (GST) is beginning to fade as certain segments saw a smaller magnitude of increase in prices.

Economist:  Peck Boon Soon  | +603 9280 2163
Economist:  Vincent Loo Yeong Hong  | +603 9280 2172


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