Floods to push prices up even further


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PETALING JAYA: The recent floods in Malaysia may cause the prices of goods to rise even higher, at a time when businesses are transferring their surging production costs to consumers.

As price pressure picks up amid a slow economic recovery, some economists expect Bank Negara to raise the interest rate in 2022 to tame the inflation.

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Floods , prices , Bank Negara , raise rates , inflation ,

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