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 1.95/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