Financial News: Malaysia Inflation Eases Unexpectedly To 1.8%

Malaysia Inflation Eases Unexpectedly To 1.8%

12/20/2024 - 01:39:00 (RTTNews)

(RTTNews) - Malaysia's consumer price inflation eased unexpectedly in November, though slightly, data from the Department of Statistics showed on Friday.

The consumer price index, or CPI, climbed 1.8 percent year-on-year in November, following a 1.9 rise in October. Economists had expected inflation to rise to 2.1 percent.

At the same time, core inflation remained stable at 1.8 percent.

Transport charges rose at a slower pace of 0.4 percent annually versus a 0.7 percent gain in October. Meanwhile, housing and utility costs grew at a slightly faster pace of 3.2 percent.

Data showed that the annual decline in information and communication deepened to 3.9 percent from 1.7 percent.

On a monthly basis, consumer prices edged down 0.1 percent in November after rising 0.2 percent in the prior month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Prices Inch Higher In November, Annual Growth Accelerates Slightly Less Than Expected (11 min(s), 07 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of November, according ...Full Story»

Slovenia Producer Prices Fall At Slower Rate (25 min(s), 07 sec(s) ago)
(RTTNews) - Slovenia's producer prices continued their declining trend in November, figures fr ...Full Story»

Croatia Jobless Rate Rises To 5.0% (40 min(s), 07 sec(s) ago)
(RTTNews) - Croatia's unemployment rate increased for the second straight month in November, f ...Full Story»

Denmark Economy Grows Less Than Estimated In Q3 (58 min(s), 07 sec(s) ago)
(RTTNews) - The Danish economy expanded less than initially estimated in the third quarter, the ...Full Story»

U.S. Consumer Prices Inch Up Slightly Less Than Expected In November (01 hr(s), 13 min(s), 07 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of November, according ...Full Story»

Sweden Producer Prices Rise, Retail Sales Growth Remains Stable (01 hr(s), 21 min(s), 07 sec(s) ago)
(RTTNews) - Producer prices in Sweden increased for the first time in three months in November, wh ...Full Story»

UK Retail Sales Rise Less Than Forecast (01 hr(s), 33 min(s), 07 sec(s) ago)
(RTTNews) - UK retail sales grew for the first time in three months in November but the pace of ex ...Full Story»

Italy Producer Prices Rise 1.2% In November (02 hr(s), 08 min(s), 07 sec(s) ago)
(RTTNews) - Italy's producer prices increased for the second straight month in November, data ...Full Story»