Malaysia Inflation Rate 2024 Forecast

Malaysia Inflation Rate 2024 Forecast. Midf research has revised downward its headline inflation rate forecast for 2024 to 2.7 per cent from 3.2 per cent earlier on expectation of gradual phases of targeted fuel subsidy implementation and moderating food. Malaysia’s headline inflation is expected to average between two per cent and 3.5 per cent in 2024, even with the implementation of fuel subsidy rationalisation, according to.

There are two key reasons why we expect that the bnm will leave the overnight policy rate on hold at 3.00% at its next meeting scheduled for january 24 2024. Q1 gdp up 4.2%, tops analyst forecast and early estimate of 3.9%;