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Malaysia: Monetary policy to remain supportive to ensure economic growth sustainability, price stability, says BNM

KUALA LUMPUR (March 29): Bank Negara Malaysia (BNM) said its monetary policy considerations will continue to focus on managing inflation risks while supporting sustainable economic growth, in view of a more moderate economic growth projected. In its Economic and Monetary Review 2022 released on Wednesday (March 29), the central bank also said its Monetary Policy Committee (MPC) […]

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Workers  packing cooking oil at a factory in Klang.
AZHAR MAHFOF/The Star
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Malaysia: February PPI down 0.8%

PETALING JAYA: The Producer Price Index (PPI) for local production, which measures the prices of goods at the factory gate, shrank 0.8% year-on-year (y-o-y) in February 2023 against a 1.3% growth in January 2023, due to the base effect and lower prices of primary commodities. The downward trend was mainly due to the decline in […]

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