Malaysia Inflation Rate 2024 Forecast. Malaysia’s inflation is expected to trend higher in the second half of 2024 (2h24), mainly due to the recent diesel subsidy reforms. Core inflation rate in malaysia is expected to be 1.90 percent by the end of this quarter, according to trading economics global macro models and analysts expectations.
Average inflation rate of 2% for 2024, aligning with the lower end of bank negara malaysia’s target range. Midf research has revised downward its headline inflation rate forecast for 2024 to 2.7 per cent from 3.2 per cent earlier on expectation of gradual phases of targeted fuel.
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