Inflation to remain modest for rest of 2023, early 2024 - AmBank Research

KUALA LUMPUR: Malaysia's inflation will continue to remain modest for the rest of 2023 and in the early part of 2024 due to slower pressure from the demand-pull inflation and the impact from the interest rates normalisation, said AmBank Research.

"We expect inflation to range between 2.5 per cent and 3.0 per cent in 2023," it said in a research note.