Free Trial

MALAYSIA: CPI Creates No Concerns for BNM.

MALAYSIA
  • Malaysia’s CPI for October YoY rose +1.9%, marginally ahead of September’s +1.8%.
  • Core inflation was steady at +1.8%.
  • Food / Beverages saw the largest increase up at +2.3% with most other categories flat on last months result.
  • Whilst the BNM does not have a specific inflation target their expectation for 2024 is that it will rend in the 2-3.5% range. 
  • Malaysia’s third quarter GDP saw an expansion of +5.3%, consistent with the quarter two result. 
74 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Malaysia’s CPI for October YoY rose +1.9%, marginally ahead of September’s +1.8%.
  • Core inflation was steady at +1.8%.
  • Food / Beverages saw the largest increase up at +2.3% with most other categories flat on last months result.
  • Whilst the BNM does not have a specific inflation target their expectation for 2024 is that it will rend in the 2-3.5% range. 
  • Malaysia’s third quarter GDP saw an expansion of +5.3%, consistent with the quarter two result.