KUALA LUMPUR (Reuters) – Malaysia’s annual inflation rate, which stayed above 3 percent each month last year, likely cooled to 2.9 percent in January, a Reuters poll showed.
The last time the annual inflation rate was under 3 percent was December 2016, when it was 1.7 percent.
Malaysia’s central bank raised its key interest rate
Inflation data for January was originally scheduled to be released on Feb. 21. The statistics department has not given a reason for the delay.
(Reporting by Rozanna Latiff; Editing by Richard Borsuk)