December inflation eases

The Statistics Department reported Malaysia’s headline inflation, as measured by the consumer price index, eased to 3.8% in December 2022 from 4% in November 2022.

PETALING JAYA: Malaysia’s headline inflation settled at 3.3% in 2022, compared with 2.5% in 2021, but core inflation rose to its highest since the inception of data at 3% for the year, against 0.7% in 2021.

The Statistics Department reported Malaysia’s headline inflation, as measured by the consumer price index (CPI), eased to 3.8% in December 2022 from 4% in November 2022.