MIDF Research said low inflation pressures will remain as the implementation of the targeted fuel subsidy rationalisation will likely be done in gradual phases.
KUALA LUMPUR: Malaysia’s headline inflation remained benign at 1.8% in April, the third consecutive month, with some economists anticipating inflationary pressure may pick up in the second half of the year (2H24) as the government rolls out is fuel rationalisation programme.
The Statistics Department said the country’s core inflation in April 2024 increased to 1.9% compared to 1.7% recorded in March 2024.
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