The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Malaysia’s inflation remains at 1.5% in December, in line with economists’ forecast

google-preferred-sourceAdd BT as a preferred source

Tan Ai Leng

Published Mon, Jan 22, 2024 · 03:22 PM
    • Malaysia’s inflation has increased 2.5 per cent year on year in 2023, compared with 3.3 per cent in 2022, and has remained far below the government's estimate of 3 to 4 per cent.
    • Malaysia’s inflation has increased 2.5 per cent year on year in 2023, compared with 3.3 per cent in 2022, and has remained far below the government's estimate of 3 to 4 per cent. PHOTO: TAN AI LENG, BT

    [KUALA LUMPUR] Malaysia’s year-on-year (yoy) inflation grew at 1.5 per cent in December, the same as the previous month, a Department of Statistics Malaysia (DOSM) report indicated on Monday (Jan 22).

    The growth is also the lowest since February 2021, and in line with the median forecast of 13 economists polled by Reuters.

    Core inflation, meanwhile, moderated to 1.9 per cent in December, from the previous month’s 2 per cent.

    MalaysiaAseanAsean BusinessInflation

    TRENDING NOW

    SIA said macroeconomic and geopolitical developments, including the Middle East conflict, continue to add uncertainty to the airline industry’s operating environment.

    SIA sinks into the red with S$76 million Q1 loss as fuel costs jump

    National Development Minister Chee Hong Tat noted that the public housing market has seen a moderation in resale flat prices over the past few quarters, following multiple rounds of cooling measures as resale prices surged.

    15-month wait-out curb lifted for private property owners buying HDB resale flats

    National Development Minister Chee Hong Tat says: “The best way is for the government to shape behaviours with the judicious use of market-based incentives, where possible.”

    ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land

    Norris Road in Little India. An operator of unlicensed money remittance services for migrant workers was sentenced to jail recently.

    A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More