Malaysia: Inflation falls to lowest level since March in November
Latest reading: Inflation inched down to 1.8% in November, down from October’s 1.9%. November’s result represented the weakest inflation rate since March. Looking at the details of the release, prices for transport rose at a softer clip, outweighing stronger price growth for food and non-alcoholic beverages plus housing and utilities.
Annual average inflation remained at October’s 1.8% in November.
Lastly, consumer prices fell a seasonally adjusted 0.07% over the previous month in November, contrasting the 0.15% rise seen in October. November’s result marked the sharpest fall in prices since July 2021.