Inflation moderates to 1.8%

MIDF Research said the softening inflationary pressure was also due to high base effects and normalisation of global commodity prices.

PETALING JAYA: Malaysia’s headline inflation moderated to 1.8% in October – its lowest level since April 2021 – from 1.9% in September, amid lower price increases in food and non-alcoholic beverages.

Core inflation rate increased at a slower pace of 2.4% on-year, but remained above pre-pandemic average of up 1.7%.