FOREX TradingCharts.com

Financial News: Malaysia Inflation Eases Further In October

Malaysia Inflation Eases Further In October

11/25/2022 - 02:54:00 (RTTNews)

(RTTNews) - Malaysia's consumer price inflation eased for the second successive month in October to the lowest level in four months, data from the Department of Statistics showed on Friday.

The consumer price index rose 4.0 percent year-on-year in October, following a 4.5 percent increase in August.

This was the slowest rate of inflation since June, when prices had risen 3.4 percent.

Earlier, the central bank of Malaysia said headline inflation is likely to have peaked in the third quarter and is expected to moderate thereafter, albeit remaining elevated.

The slowdown in inflation was due to a slower increase in utility costs, which grew 1.5 percent annually in October versus 4.0 percent a month ago.

Prices for food and non-alcoholic beverages climbed 7.1 percent from last year, and transport charges 5.2 percent.

Data also showed that core inflation stood at 4.1 percent in October versus 4.0 percent in September.

On a monthly basis, consumer prices increased 0.2 percent in October versus a 0.1 percent rise in September.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Finland Trade Deficit Widens In October (29 min(s), 52 sec(s) ago)
(RTTNews) - Finland's trade deficit widened in October as the increase in imports exceeded the ...Full Story»

Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook (45 min(s), 52 sec(s) ago)
(RTTNews) - India's central bank raised its benchmark interest rates for the fifth policy meet ...Full Story»

Taiwan Exports Fall Most In Nearly 7 Years (51 min(s), 52 sec(s) ago)
(RTTNews) - Taiwan's exports declined for the third straight month in November, and at the fas ...Full Story»

Philippines Industrial Production Rises; Jobless Rate Falls To 4.5% (02 hr(s), 47 min(s), 52 sec(s) ago)
(RTTNews) - The Philippines' industrial production index increased in October and the unemploy ...Full Story»

Italy Retail Sales Fall 0.4% In October (02 hr(s), 50 min(s), 52 sec(s) ago)
(RTTNews) - Italy's retail sales decreased in October after rebounding in the previous month, ...Full Story»

Will Germany Avoid A Recession On Industrial Resilience? (03 hr(s), 02 min(s), 52 sec(s) ago)
(RTTNews) - Germany industrial production dropped only slightly in October despite the sharp weakn ...Full Story»

Norway Industrial Production Falls For Second Month (03 hr(s), 31 min(s), 52 sec(s) ago)
(RTTNews) - Norway's industrial production fell for the second consecutive month in October as ...Full Story»

Swiss Jobless Rate Rises As Expected In November (04 hr(s), 10 min(s), 52 sec(s) ago)
(RTTNews) - Switzerland's unemployment rate increased slightly in November, in line with expec ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Finland Trade Deficit Widens In October

12/07/2022 - 07:07 AM (RTTNews)
(RTTNews) - Finland's trade deficit widened in October as the increase in imports exceeded the ...Full Story>>

Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook

12/07/2022 - 06:51 AM (RTTNews)
(RTTNews) - India's central bank raised its benchmark interest rates for the fifth policy meet ...Full Story>>

Taiwan Exports Fall Most In Nearly 7 Years

12/07/2022 - 06:45 AM (RTTNews)
(RTTNews) - Taiwan's exports declined for the third straight month in November, and at the fas ...Full Story>>

Philippines Industrial Production Rises; Jobless Rate Falls To 4.5%

12/07/2022 - 04:49 AM (RTTNews)
(RTTNews) - The Philippines' industrial production index increased in October and the unemploy ...Full Story>>

Italy Retail Sales Fall 0.4% In October

12/07/2022 - 04:46 AM (RTTNews)
(RTTNews) - Italy's retail sales decreased in October after rebounding in the previous month, ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.