August PPI

THIS holiday-shortened week will see the release of the producer price index (PPI) for August as well as leading, coincident, and lagging indices for July.

According to Trading Economics’ global macro models and analysts expectations, the producer price change in Malaysia is expected to be 1.9% while the leading economic index is expected to be 0.3% by the end of this quarter.

Bank Negara will release its international reserves as at end-August on Friday.

Bursa Malaysia will be closed on Sept 28 in conjunction with Maulidur Rasul.

Singapore inflation

ING expects Singapore’s headline inflation to dip to 3.9% year-on-year (y-o-y), from 4.1% y-o-y in the previous month.

Favourable base effects and softer growth momentum will likely translate into a dip in consumer price index inflation. Core inflation will likely be flat at 3.8% y-o-y. Bloomberg estimates inflation to expand 3.9% y-o-y.

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