◆ The headline inflation rate eased 1.8% yoy in September, from +2.1% in August. This was the first easing
after six consecutive months of picking up, suggesting that price pressure has eased somewhat and the impact from
the Government’s move to increase fuel and sugar prices in mid July has fizzled out. Also, the sharp appreciation
of the ringgit in recent months might have contributed to a more moderate increase in inflation during the month.
The slowdown was reflected in slower increases in food & non-alcohol beverage prices and the core inflation
rate.
Economic Highlights - Inflation Unexpectedly Eased In September - 25/10/2010
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