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Rising interest rate fallout unlikely
Upward inflation pressures, economic recovery may see rates climb again
Asean News Headlines at 10pm on Friday (Jan 21, 2022)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (Jan 21)
CPI for December 2021 increased by 3.2% due to rise in food, fuel prices
KUALA LUMPUR: Malaysia's Consumer Price Index (CPI) in December 2021 increased 3.2 per cent to 124.5 as against 120.6 in the same month of the preceding year due to the rise in food and fuels prices, said the Department of Statistics Malaysia (DOSM).
China inflation: easing consumer, factory-gate price pressure opens door for Beijing to support slowing economy
China’s improving consumer and factory-gate inflation outlook will leave more room for easing monetary policy in the coming months, with next week’s headline growth rate figures set to confirm the anticipated slowdown.
Soaring food prices are temporary
RECENTLY, the issue of global food inflation has received considerable attention from the media, economists and general public.
Capture unforgettable moments with HUAWEI P50 Pro’s True-Chroma technology
BEAUTIFUL moments come in different forms – it could be something momentous like your wedding day or your kids’ graduation to taking a selfie everyday for a decade to see just how much you’ve changed.
Ringgit gains as rising inflation weakens greenback
KUALA LUMPUR: The ringgit extended its gains against the US dollar at the opening on Thursday as the rising inflation rate had further weakened the greenback, a dealer said.
