Inflation rate

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin noted that most states recorded inflation rates below the national level of 1.8 per cent.

Malaysia's inflation rate climbed to 2.0 per cent in May compared to a 1.8 per cent hike in April.

Malaysia's inflation rate continued to increase at a slower rate, falling to 1.5 per cent in November 2023.

Fahmi Fadzil said the reduction in internet prices also aims to decrease the inflation rate in the country's telecommunications sector.

Fahmi Fadzil said the country's inflation rate has shown a downward trend.

The Menu Rahmah initiative has successfully contributed to the reduction of the inflation rate of the food-outside-the-home prices for the first time since August 2021.

The OPR can remain at 2.75 pct if the country's inflation rate continues to subside in the coming months, Minister of Economy Rafizi Ramli said.

Ahmed said if the subsidy plan is implemented without other mechanisms, like providing the BSH, it would result in a higher inflation rate.

The inflation rate is forecast at between 2.8 and 3.3 pct in 2023, the Ministry of Finance (MoF) said in its Economic Outlook 2023 report released today.

The country's low inflation rate is driven by the government's initiatives and proactive measures in providing subsidies and ensuring Keluarga Malaysia members are not overly burdened.

It's still way too early to tell whether M'sia remains consistently on a positive economic trajectory for Q3 & Q4 2022 as well as next year.

Malaysia's inflation rate could have reached up to 11.4 per cent if the government had not implemented the subsidies.

Ahmad Zahid Hamidi views that it is inappropriate to hold the GE15 next year, due to economic factors and a possible rise in inflation rate.

Annuar said despite the inflation rates being on the rise across the world, Malaysia is still among the countries with the lowest rates.

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.