Malaysia's October inflation rate eases to 3.7 pct y/y, below forecast

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    KUALA LUMPUR, Nov 24 (Reuters) - Malaysia's annual inflation rate
 in October was 3.7 percent from a year earlier, government data
showed on Friday, moderating from the previous month and lower than forecasts.
    A Reuters poll had predicted inflation at 4.00 percent, below the 4.3
percent expansion seen in September.
    Headline inflation reached an eight-year high of 5.1 percent in March, but
has since moderated.
    October's inflation was driven by higher fuel costs, with the transport
index rising 12.1 percent from a year earlier, data from the Statistics
Department showed.
    Malaysia's central bank expects 2017 inflation to fall within the higher end
of its projected range of 3 to 4 percent.
    
    MALAYSIA CONSUMER PRICE INDEX (base 2010) PERCENTAGE CHANGE
           Oct    Sept   Aug   July  June  May   Apr   Mar   Feb
  yr/yr    3.7    4.3    3.7   3.2   3.6   3.9   4.4   5.1   4.5
 mth/mth   0.2    0.3    0.9   -0.1  -0.2  -0.2  -0.3  -0.1  3.9
  
    October 2017 (percentage change year-on-year)       
  Food, non-alcoholic beverages                4.4
                                            
                                                 
  Alcoholic beverages, tobacco                 0.1
                                            
  Clothing, footwear                           -0.4
                                            
  Housing, water, electricity, fuels           2.4
                                            
  Furnishings, household equipment             2.6
                                            
                                                 
  Health                                       2.4
                                            
  Transport                                    12.1
                                            
                                                 
  Communication                                -0.4
                                            
  Recreation services, culture                 0.4
                                            
                                                 
  Education                                    1.6
                                            
  Restaurants, hotels                          2.7
                                            
  Miscellaneous goods/services                 1.2
                                            
                                                 
  Non-food                                     3.4
    
 * For more stories on Malaysia's economy, click                   

 (Reporting by Joseph Sipalan; Editing by Sunil Nair)
  
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