Malaysia hits deflation for first time since 2009 global crisis


  • Nation
  • Friday, 22 Feb 2019

Slowing exports and tepid inflation have raised expectations that policy makers will need to consider adding to May

KUALA LUMPUR (Bloomberg): Malaysia’s economy swung into deflation in January for the first time since the aftermath of the global financial crisis in 2009 as fuel prices dropped.

Consumer prices declined 0.7% from a year ago after hovering below 1% in the previous seven months, according to the statistics department.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Azhan Md Othman appointed new Army Chief, effective Jan 1
Religious school teacher pleads guilty to sexually assaulting two male pupils
Motorcyclist fatally struck by car driven by drug-positive man in Seremban
Thunderstorms, heavy rain expected in four states, Putrajaya and Labuan
Man pleads not guilty to injuring participant at Global Sumud Flotilla rally
The Miri boy who found his way home after 37 years
Nazree Yunus steps down as Negri Sembilan Perikatan information chief
Sabah's Chief Minister promises comprehensive development plans for a brighter 2026
Thaipusam, FT Day gazetted as public holiday on Feb 1, 2026
Five women plead guilty, fined over market fight in Kota Baru

Others Also Read