Malaysia: Inflation eased to multi-month lows in March – UOB – by pabspiovano Malaysia Inflation CPI Banks
UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting review the releases of the latest inflation figures in Malaysia.“Headline inflation decelerated for the seventh straight month to a nine-month low of 3.4% y/y in Mar . The reading came in below our estimate and Bloomberg consensus .
“Barring any potential changes in domestic price and subsidy policy, we believe the existing disinflationary process will persist throughout the remaining months of the year. But the pace of easing may be more moderate than previously anticipated given the stickiness of core inflation, which has surpassed headline inflation for a sixth consecutive month and implying resilience of domestic demand. We reiterate our 2023 full-year inflation projection of 2.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Malaysia: Exports unexpectedly contracted in March – UOBUOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting review the latest trade balance figures in Malaysia. Key Takeaways “Gross exports
Lire la suite »
Are mortgage rates finally back to normal?Mortgage rates in March averaged 6.5% vs. a 5% inflation rate.
Lire la suite »
Houston-area auto sales soared in March, while prices remain highHouston consumers sold nearly twice as many cars and trucks in March 2023 than March...
Lire la suite »
Indonesia: BI keeps rates unchanged, as expected – UOBUOB Group’s Economist Enrico Tanuwidjaja and Junior Economist Agus Santoso comment on the latest interest rate decision by the Bank Indonesia (BI). Ke
Lire la suite »
EUR/USD risks further decline near term – UOBEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group still suggest EUR/USD could drift lower in the next few weeks. Key Quotes 24-
Lire la suite »
GBP/USD: Firm support remains at 1.2275 – UOBFurther decline in GBP/USD is expected to meet solid contention around 1.2275 for the time being, note Economist Lee Sue Ann and Markets Strategist Qu
Lire la suite »