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Economic and Financial Developments in the Malaysian Economy in the Fourth Quarter of 2018

The BNM Quarterly Bulletin presents a quarterly review of Malaysia’s economic,monetary and financial developments. It includes the Bank’s latest assessments on the direction of the economy going forward. The Bulletin also provides insights on current economic and financial issues, including highlights of policy initiatives undertaken by Bank Negara Malaysia in pursuit of its mandates.

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Malaysian Economic Environment

Higher economic growth of 4.7% despite global headwinds

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Headline inflation declined in the fourth quarter of 2018

  • Headline inflation declined during the quarter as transport inflation turned negative
  • The combined outcome of the changes in consumption tax policy continued to exert an overall downward impact to headline inflation