Malaysia's inflation to increase from April

Malaysia will release March inflation data on 22 April. Inflation is expected to increase to 0.8% y/y in March, up from 0.1% a month ago. 

Inflation likely edged up due to higher petrol prices. RON 95 prices rose to MYR 1.95 per litre from MYT 1.70 a month ago. 

However, food inflation may have eased slightly due to seasonal postLunar New Year holiday effects. 

"We expect inflation to rise from April onwards, after the goods and services tax is implemented. We forecast inflation of 2.2% for 2015, down from 3.1% in 2014" says Standard Chartered