PETALING JAYA: Malaysia’s inflation rate is expected to remain steady in September, with economists projecting headline inflation between 1.3% and 1.5%, as price pressures remain contained ahead of the Budi Madani RON95 (Budi95) targeted fuel subsidy, which took effect at the end of September.
They believe the ongoing Sumbangan Asas Rahmah (Sara) cash assistance, distributed since Aug 31 and usable until year-end, is supporting household spending without fuelling additional inflation.
