Malaysia’s Inflation Unexpectedly Quickens on Food, Transport

Malaysia’s inflation unexpectedly quickened in September as food and transportation costs climbed and a weakening ringgit made imports costlier.

Consumer prices rose 3.4 percent from a year earlier after climbing 3.3 percent in August, according to a report by the Putrajaya-based statistics department today. The median estimate of 18 economists in a Bloomberg News survey was for a 3.3 percent increase.