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Malaysia’s PPI eases to 10.9% in June

KUALA LUMPUR: The country’s producer price index (PPI), which measures the prices of goods at factory gate, eased to 10.9% in June 2022 as compared to 11.2% in the previous month. According to Datuk Mohd Uzir Mahidin, chief statistician at the National Statistics Department, all sectors in the country recorded a double-digit increase except for […]

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Malaysia’s economy recovering but inflation inflicting hardship on low-income households, BNM says

KUALA LUMPUR (July 26): Malaysia’s economy appears to be firmly on a recovery path, but ongoing inflation is inflicting hardship on certain segments, including low-income households, who have been disproportionately affected by rising price pressures, said Bank Negara Malaysia (BNM). “There is some unevenness in the economic recovery… The rise in food prices in particular, […]

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Domestic activities, external demand to continue supporting Malaysia’s firm economic recovery

KUALA LUMPUR: Malaysia’s economy is firmly on a recovery path supported by domestic activities and positive external demand. The economy is expected to grow steadily in 2022 and 2023 despite continuing challenges from rising cost pressures, the Russia-Ukraine military conflict and China’s strict containment measures of COVID-19, said Bank Negara Malaysia (BNM) governor Tan Sri […]

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