Malaysia Inflation at 1.8% in Q1 2018
Kuala Lumpur| 17th May 2018
Headline inflation declined to 1.8% in 1Q 2018 (4Q 2017: 3.5%), reflecting the smaller contribution of domestic fuel prices due to the smaller increase in global oil prices compared to the previous quarter and a stronger ringgit exchange rate in 1Q 2018.
” Malaysia INFLATION AT 1.8% in Q1 2018 “
Headline inflation is projected to average 2% – 3% in 2018, due to a smaller contribution from global cost factors and a stronger ringgit exchange rate compared to 2017.
Official Press Release by Bank Negara Malaysia
Join the Rise of Asia. Share a Story, Article or Photo here. For Press Release, visit here.
About The Wealth Times
The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people.
Where should you invest your capital for the next decade? Which are the fastest growing companies in Asia? Which is the most exciting sector to be in? Which are the top cities to be in? Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?