Malaysia: Inflation remains benign – ANZ
|According to analysts at ANZ, at 0.2% y/y in April Malaysia’s headline CPI inflation remained unchanged from the previous month.
Key Quotes
“Although food prices declined 0.2% in the month, this was offset by a rise in transportation costs.”
“In our view, the price ceiling on domestic fuel products has likely shielded consumers from the full extent of the rise in oil prices over the last two months.”
“The trend in core inflation remains benign and with slower growth momentum, we expect this trend to continue.”
“Risks to the inflation outlook are broadly balanced – higher-than-expected oil prices pose an upside risk, while the recent changes to controlled food items could limit volatility in food prices.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.