- AZMAN GHANI / The Star
PETALING JAYA: The country’s headline and core inflation are expected to pick up pace in 2025 from a combination of the RON95 subsidy rationalisation measure, the broadening of the sales and service tax, civil service wage increases, rise in the minimum wage and wider implications of incoming US president Donald Trump’s imposition of across-the-board tariffs on imports to the United States.
Economists have largely anticipated higher prices for 2025, with most also cautioning on the external risks from Trump’s threatened tariff measures.
