KUALA LUMPUR: Malaysia’s headline inflation is expected to increase modestly in 2020, with consumer price inflation to average higher in the range of 1.5%-2% next year compared with 0.7% projected for 2019, said the World Bank Group.
In its 21st edition of the Malaysia Economic Monitor “Making Ends Meet” report launched yesterday, it said the higher projection was mainly reflecting the lapse in the effects of consumption tax policy changes in 2018.
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