Core consumer prices in Malaysia rose 0.5 percent year-on-year in March, faster than a 0.3 percent gain in February. It was the seventh straight month of increase in core consumer prices and marking the highest core inflation since November last year. Core Inflation Rate in Malaysia averaged 1.91 percent from 2016 until 2018, reaching an all time high of 3.60 percent in February of 2016 and a record low of -0.20 percent in July of 2018.
Core Inflation Rate in Malaysia is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Malaysia to stand at 2.30 in 12 months time. In the long-term, the Malaysia Core Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.