Money
Malaysia October inflation at 2.5pc, slightly lower than forecast
Friday, 20 Nov 2015 4:13 PM MYT
KUALA LUMPUR, Nov 20 — Malaysia’s inflation rate in October was steady against September, at 2.5 per cent from a year earlier, due to a rise in prices of consumer goods, government data showed today.
The consumer price index (CPI) in October was slightly lower than 2.6 per cent forecast in a Reuters poll.
Inflation picked up in the three months after the government introduced a 6 per cent Goods and Services Tax in April but has started to moderate due to lower consumer fuel prices. — Reuters
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