Economists see stable inflation for rest of 2024


PETALING JAYA: Economists in general are predicting headline inflation to hover between 1.8% to 1.9% for the whole of 2024, while forecasting price increases to be on the uptick in 2025.

The Statistics Department reported last Friday that headline inflation for October saw a marginal increase to 1.9% year-on-year (y-o-y), from the 1.8% seen two months ago, which was largely due to the increased prices for food, personal care, as well as miscellaneous goods and services.

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