Kuala Lumpur, Malaysia

Malaysia: Inflation Drops to 4.4% in April 2017

Kuala Lumpur | 31st May 2017

Inflation was lower in April 2017. It declined to 4.4% compared to 5.1% in March as domestic fuel prices were lower during the month. (RON95 petrol prices averaged RM2.13 per litre during the month compared to RM2.30 in the previous month).  Exports recorded a robust growth of 24.1% in March 2017.

” Inflation declined to 4.4% in April compared to 5.1% in March “

Manufactured export growth continued to be driven by semiconductor devices and petroleum products. Commodity exports also increased, supported by prices and demand for crude oil, LNG and rubber.

The ringgit was also the best performer in the region in April and increased by 1.8% against US dollar in April after inflows into the bond and equity markets.

Official Press Release by Bank Negara Malaysia

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