The development of economy is closely related with the inflation rate of the country. Generally the inflation can be measured by the Consumer Price Index (CPl). The aim of this paper is using overlapping measure and cumulative measure to measure the inflation. In overall, these two methods are adequate for measuring the inflation. As a result, monthly measure is useful because it believe can give a perfect measure (since its sample is large) and can get rid of or smaller the error. Besides that, the value of the weighted CPl and the unweighted CPl are almost same. As the result, the unweighted of CPl is used to measure the inflation. The result of this two methods are satisfactory.
[Perkembangan sesuatu ekonomi adalah berkait rapat dengan kadar inflasi dalam sesebuah negara. Secara amnya, inflasi dapat diukur dengan Indeks Harga Pengguna (IHP). Tujuan kertas kerja ini adalah mengukur inflasi dengan menggunakan kaedah data bertindih dan kaedah kumulatif. Pada keseluruhannya kedua-dua kaedah tersebut adalah sesuai digunakan sebagai pengukuran inflasi. Oleh hal yang demikian, pengukuran secara bulanan digunakan kerana dipercayai bahawa ia dapat memberi ukuran yang lebih tepat (saiz sampel yang besar) dan dapat mengelakkan atau mengecilkan ralat berlaku. Selain itu, penggunaan IHP berpemberat dan IHP tanpa pemberat didapati mempunyai nilai yang hampir sama. Oleh itu, nilai IHP tanpa pemberat digunakan dalam pengukuran inflasi. Keputusan yang didapati daripada kedua-dua kaedah tersebut adalah memuaskan]
Gold is a valuable asset to a country because of itsliquidity.Gold reserve can stabilize the currency in a country.The objectiveof this paper is to identify the factors contributingto the volatility of gold prices, such as Real Malaysia GDP, inflation rates, crude oil pricesand exchange rates. The data was analysed using Autoregressive Distributed Lag (ARDL) approachwith time series data, with 30-year coverage from 1987 to 2016. Findings showed that only Real Malaysia GDP and crudeoil priceswere significantly relatedto gold prices. As a conclusion, this study can beusedas reference byother investors.The author suggests toother researchers to further improve upon this study by adding more variables or diversifying the variables that relate to volatility of gold prices
The main objective of this paper is to explore the varying volatility dynamic of inflation rate in Malaysia for the period from January 1980 to December 2004. The GARCH, GARCH-Mean, EGARCH and EGARCH-Mean models are used to capture the stochastic variation and asymmetries in the economic instruments. Results show that the EGARCH model gives better estimates of sub-periods volatility. Further analysis using Granger causality test show that there is sufficient empirical evidence that higher inflation rate level will result in higher future inflation uncertainty and higher level of inflation uncertainty will lead to lower future inflation rate.