Malaysia will release March inflation data on 22 April. Inflation is expected to have increased to 0.8% y/y, up from 0.1% a month ago.
Inflation likely edged up due to higher gasoline prices. RON 95 prices rose to MYR 1.95/litre from MYT 1.70/litre a month ago.
However, food inflation may have eased slightly due to the seasonal post-Lunar New Year holiday effect.
"We expect inflation to rise from April onwards, after the goods and services tax is implemented. We forecast inflation of 2.2% for 2015, down from 3.1% in 2014.", Said Standard Chartered in a report on Monday
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Malaysia inflation likely to increase from April
Malaysia will release March inflation data on 22 April. Inflation is expected to have increased to 0.8% y/y, up from 0.1% a month ago. Inflation likely edged up due to higher gasoline prices. RON 95 prices rose to MYR 1.…
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