Inflation under control


PETALING JAYA: Malaysia’s rising inflation, which surged to its highest in more than a year in July, is unlikely to hinder the country’s third quarter (3Q) gross domestic product (GDP) performance for 2022.

Malaysia University of Science and Technology professor Geoffrey Williams said he expects subsidies and price controls to continue for the rest of the year, thus keeping inflation under control.

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inflation , gross domestic product , GDP

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