KUALA LUMPUR: Core inflation is projected to be closer to the upper end of the 2.0 to 3.0 per cent range in 2022, as demand continues to improve amid the high-cost environment, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.
She said upside risks to the inflation outlook would be subjected to the strength of domestic demand, global prices and domestic policy measures.
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