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.

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