KUALA LUMPUR: RAM Ratings has revised Malaysia’s full-year inflation forecast for 2022 to 3.0 per cent, from 2.5 per cent initially (2021: 2.5 per cent).
In a statement today, the rating agency said the revision took into account recent changes in subsidies and price ceiling for key price-controlled food items as well as stronger-than-expected cost passthrough to consumers so far this year.
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