KUALA LUMPUR, Nov 29 — MIDF Research foresees low inflationary pressure to persist in Malaysia at least until the first half of 2024 (H1 2024) amid better domestic supply chain, stabilisation of interest rate and normalisation of global commodity prices.

KUALA LUMPUR, Nov 28 — Hyperinflation has never happened in Malaysia and the government hopes it will never happen in the future, according to the Economy Ministry.

KUALA LUMPUR, Nov 27 — Malaysia's inflation is expected to fall within a range of 2.5 per cent to 3.5 per cent in 2024, mainly due to the effects of subsidy rationalisation and the impact of the services tax increase, said AmBank Group.

KUALA LUMPUR, Nov 24 — Malaysia's inflation will continue to remain modest for the rest of 2023 and in the early part of 2024 due to slower pressure from the demand-pull inflation and the impact of the interest rates normalisation, said AmBank Research.

KUALA LUMPUR, Nov 24 — Malaysia’s headline inflation, as measured by the consumer price index (CPI), moderated to 1.8 per cent in October 2023, the lowest since April 2021, with the CPI at 130.9 points against 128.6 in the same month a year ago, the Department of Statistics Malaysia (DOSM) said.

SINGAPORE, Nov 23 — Singapore's core inflation picked up to 3.3 per cent year-on-year in October, from 3.0 per cent in September, said the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI).

KUALA LUMPUR, Nov 9 — Malaysia’s domestic demand is expected to remain upbeat from the fourth quarter of this year supported by a resilient labour market, easing inflationary pressure, a rise in tourism activities and supportive economic policies, said MIDF Research.

KUALA LUMPUR, Nov 2 — Interpacific Asset Management viewed the four to five per cent gross domestic product (GDP) target as remaining intact buoyed by the much better progress from the global front, especially in China, which could continue giving domino effect to Malaysia despite the slightly lower third-quarter economic growth forecast for this year.

KUALA LUMPUR, Nov 2 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its last meeting of the year today.

KUALA LUMPUR, Oct 26 — Malaysia’s producer price index (PPI) rebounded 0.2 per cent in September 2023 against a contraction of 2.2 per cent in August 2023 contributed by all sectors except the manufacturing sector, said the Department of Statistics Malaysia (DOSM).

TOKYO, Oct 24 — A key measure of Japan's trend inflation accelerated to 2 per cent  in September, hitting a record and matching the central bank's target, data showed on Tuesday, heightening the case for dialling back its massive monetary stimulus.

CANBERRA, Oct 23 — Australia's Treasurer has warned of persistent inflation following a spike in petrol prices, Xinhua reported.

KUALA LUMPUR, Oct 21 — The ringgit is expected to trade sideways next week as the ongoing geopolitical tension in the Middle East remains a crucial factor for the currency market, an economist said.

KUALA LUMPUR, Oct 20 — Malaysia’s inflation came down to 1.9 per cent in September, with the index points recorded at 130.8 from 128.3 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 13 — The ringgit traded higher against most major currencies except against the US dollar in the early session today as the greenback strengthened amid the higher-than-expected US inflation data, said an analyst.

KUALA LUMPUR, Oct 9 — Issues of the increase in the price of goods, the shortage of local white rice and the haze situation in the country are among the matters to be raised in Parliament today.

BANGKOK, Sept 27 — The Bank of Thailand (BOT) unexpectedly raised its key interest rate by 0.25 per cent to 2.50 per cent, the highest in a decade, in a bid to curb surging inflation.

SINGAPORE, Sept 25 — Singapore’s key consumer price gauge rose 3.4 per cent in August, almost matching economists’ forecasts and easing compared with July’s figures due to lower inflation for services, food, retail and other goods, official data showed on Monday.

KUALA LUMPUR, Sept 22 — Malaysia’s inflation remained unchanged at 2 per cent in August, similar to the rate recorded in July, said the Statistics Department (DOSM).

KUALA LUMPUR, Sept 20 — The ringgit ended higher against the US dollar today ahead of the US Federal Open Market Committee (FOMC) interest rate decision due later tonight.