Inflation remains moderate at 1.8%

Frederic Neumann, HSBC's chief Asia economist and co-head of global research Asia.

PETALING JAYA: With ample opportunities to assess the state of the economy given the monthly data released by the Statistics Department, economists are taking a big-picture view with their outlook.

While remaining hopeful that broader inflation would remain close to 2% for 2024, they are cautious that macro events would still be a major determinant, on top of the much-discussed impending targeted fuel subsidy initiative.