Malaysia Inflation Rate 2017 Bank Negara
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The performance for this quarter was the lowest recorded since the fourth quarter of 1998 11 2.
Malaysia inflation rate 2017 bank negara. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Malaysia s gdp contracted 17 1 per cent from a marginal growth of 0 7 per cent in the first quarter of 2020. Indeed analysts changed their november rate cut expectations quite recently amid the ringgit. Nomura global research said the latest data brought full year 2017 inflation to 3 7 up from 2 1 in 2016 and near the top end of bank negara malaysia s bnm 3 4 forecast range.
Jalan dato onn 50480 kuala lumpur. Jalan dato onn 50480 kuala lumpur malaysia. Bnm said inflation is expected to be lower in 2018 for which the government has a 2 5 3. Bank negara malaysia bnm has projected that headline inflation may rise to between 3 and 4 this year compared with 2 1 in 2016 underpinned by higher global commodity and energy prices and coupled with the impact of the ringgit s depreciation.
This page provides malaysia inflation rate actual values historical data forecast chart statistics economic calendar and news. At its 10 september meeting the monetary policy committee of bank negara malaysia bnm decided to maintain the overnight policy rate at its all time low of 1 75 amid divided market analysts expectations. With inflation set to remain low we expect interest rates in malaysia to remain on hold through 2017. In 2018 the average inflation rate in malaysia amounted to about 1 percent compared to the previous year.
This article first appeared in the edge financial daily on march 24 2017. This statistic shows the average inflation rate in malaysia from 2010 to 2024. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy.
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