Headline Inflation: CPI inflation eased to +1.8% year-on-year (yoy) in November 2024, slightly below estimates, mainly due to slower non-food inflation (+1.4% yoy vs. +1.7% in October).
Regional Trends: Both urban and rural areas saw slower inflation. Penang reported the highest state-level inflation at +2.9% yoy, above the national average.
2024 Outlook: CPI inflation is projected to moderate to +2.0% in 2024 (down from +2.5% in 2023). With stable inflation and minimal demand pressures, the Overnight Policy Rate (OPR) is expected to remain steady at 3.00% throughout 2024.
Read more Business News
Improved sentiment boosts Malaysia’s currency outlook.
GDEX posts weak 1QFY26 results, but restructuring and GD Xchange growth support long‑term outlook; BUY…
Kerjaya Prospek Group Bhd’s net profit in 1QFY26 increased by 24.5%, boosted by construction division…
FBM KLCI rebounds on tech gains, tracking global optimism, though geopolitical risks and oil prices…
The government has disbursed RM4bil under its RM15bil PowerUp 10K financing initiative, benefiting over 150,000…
More Malaysian women in finance are pursuing entrepreneurship, strengthening SME growth, innovation, leadership diversity, and…
This website uses cookies.