KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) slipped to 50.3 in August from 50.6 in July, indicating a softer improvement in the health of the sector. The latest reading is representative of a gradual slowdown in the growth of manufacturing production and gross domestic product (GDP) towards the end […]
Read MoreTHE inflation rate in Malaysia continued to soar due to surging food prices, with the consumer price index (CPI) rising 4.4 per cent year-on-year (y-o-y) in July, faster than the 3.4 per cent y-o-y increase in the previous month. The latest numbers, released by the Department of Statistics Malaysia on Monday (Aug 29), were largely […]
Read MorePETALING JAYA: Economists say Malaysia’s inflation will ease towards year-end in tandem with the deceleration of the global economy after prices rose the fastest in more than a year. Inflation in July jumped 4.4%, the highest since April 2021, said the Statistics Department. This was largely due to the low inflation base last year. Speaking […]
Read MoreKUALA LUMPUR: The roles of all parties, including consumer associations and traders, as well as Keluarga Malaysia, are important in the effort to fighting inflation, in addition to the measures and initiatives that have been implemented by the government, says Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said the government […]
Read MoreMALAYSIA will allow limited exports of chicken from October, said Annuar Musa, chairman of the nation’s task force on inflation. Only certain breeders rearing chickens meant for export will be allowed to ship the poultry after getting approval from the Agriculture and Food Industries Ministry, according to a video of the briefing posted on his […]
Read MoreKUALA LUMPUR: Malaysian’s inflation jumped 4.4% to 127.9 in July 2022, its highest in more than a year, as the cost of food continued to accelerate. The increase in the consumer price index (CPI), the highest since April 2021, was in line with the median forecast of a Reuters poll of analysts. Announcing the July […]
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