KUALA LUMPUR, May 2 — Experts are evenly divided on the prospects for the global economy, with equal shares of 45 per cent saying that a global recession this year is likely or unlikely.

ISTANBUL, April 25 — Domestic food price inflation remains high around the world, the World Bank said on Monday (April 24) in a report on rising food insecurity, reported Anadolu.

KUALA LUMPUR, April 20 — The Consumer Price Index (CPI) for March 2023 eased to 3.4 per cent with the index point recorded at 129.9 against 125.6 in the same month of the previous year.

BUENOS AIRES, April 15 — Argentina's annual inflation rate soared to 104.3 per cent in March, the official statistics agency said on Friday (April 14), one of the highest rates in the world, straining people's wallets and stoking a cost-of-living crisis that has pushed up poverty.

SINGAPORE, April 14 — The Monetary Authority of Singapore (MAS) will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band.

KUALA LUMPUR, April 1 — Malaysia’s key economic indicators continue to grow modestly in January 2023, despite ongoing geopolitical conflicts and ratcheting up of inflation in the global economy, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, March 29 — Despite moderating in the fourth quarter (4Q) of 2022, headline inflation is expected to remain elevated in 2023, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 29 — The Malaysian economy is projected to grow between 4.0 per cent and 5.0 per cent in 2023, supported by firm domestic demand amidst challenges rising from slowing global growth, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 24 — MIDF Research has slightly raised its headline inflation projection by 0.2 points to 2.5 per cent for 2023, following a higher food price growth forecast of 4.5 per cent from 4.0 per cent previously.

KUALA LUMPUR, March 13 — Malaysia’s retail trade growth forecast will be able to touch 8.9 per cent for 2023 driven by the pent-up demand for the year underpinned by improving labour market, stable inflationary pressure, accommodative economic policies and an uptick in the tourism industry, MIDF Research said.

KUALA LUMPUR, March 11 — The ringgit is expected to trade in a tight range at the 4.5100-4.5200 level against the greenback ahead of US inflation data in the middle of next week.

KUALA LUMPUR, March 7 — Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) unchanged at 2.75 per cent in the upcoming Monetary Policy Committee (MPC) meeting on Thursday, said Standard Chartered Bank (Singapore) Ltd.

PUTRAJAYA, March 6 — Inisiatif Pendapatan Rakyat (IPR) and Menu Rahmah are among the government's strategic steps to beat food-outside-the-home inflation component, said Economy Minister Rafizi Ramli.

JAKARTA, March 5 — Indonesia's inflation will remain above 5 per cent in the first half of 2023, mainly on high food prices, before falling below 4 per cent in the second half, central bank Governor Perry Warjiyo said on Sunday, warning that the fight to control inflation must continue.

KUALA LUMPUR, Feb 28 — The Malaysian economy is anticipated to grow at a more moderate pace this year following a strong recovery in 2022 as economies around the world continue to struggle to sustain growth, the Department of Statistics Malaysia (DoSM) said.

KUALA LUMPUR, Feb 28 — The continuous decline in the Producer Price Index (PPI) inflation provides a positive signal, especially for the Consumer Price Index trajectory in the near term, says MIDF Amanah Investment Bank Bhd Research (MIDF Research).

KUALA LUMPUR, Feb 24 — The inflation rate is expected to remain manageable and is anticipated to range between 2.8 per cent and 3.8 per cent in 2023, following slower economic prospects as well as stable commodity prices.

SYDNEY, Feb 21 — Australia's central bank, startled by the risk that inflation could prove stickier than previously thought, abandoned all thought of pausing at its February policy meeting and signalled more rate hikes would be needed in the months ahead.

KUALA LUMPUR, Feb 18 — The ringgit is projected to hover at the current 4.42-4.45 range against the US dollar next week amid rising risks of a longer interest rate cycle after another hot inflation report.

KUALA LUMPUR, Feb 10 — Malaysia’s headline inflation increased to 3.3 per cent in 2022 compared with 2.5 per cent in 2021, while core inflation averaged higher at 3 per cent from 0.7 per cent in 2021, Bank Negara Malaysia (BNM) said.