Kenanga Research anticipates inflation within 2.5% - 3.0% in 2024

KUALA LUMPUR: Further improvements in the supply chain and a reduction in global demand may help to keep inflation within the 2.5-3.0 per cent range next year, says Kenanga Research.

Despite expectations of a deceleration in global growth next year, Malaysia's gross domestic product is projected to continue its expansion, potentially growing by more than 4.0 per cent year-on-year (y-o-y), it said.