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Malaysia Inflation Cooled Further in November

Inflation,Malaysia,Markets,Banking and Finance

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Malaysia's inflation cooled further in November, easing more than expected as growth in prices of core products such as food and beverages decelerated. The consumer-price index rose 1.5% in November from a year earlier, the Department of Statistics said Friday. That compared with a 1.8% increase in October--the lowest since April 2021--and consensus forecasts for a 1.7% rise. Economists had largely expected inflation to soften, continuing a broad downward trend seen throughout the year. Moody's Analytics had projected that headline inflation would cool from the previous month's reading, with food...

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