Malaysia is bracing for a delayed uptick in inflation as the impact of the Iran war filters through to consumer prices later this year, according to Economy Minister Akmal Nasrullah Mohd Nasir.
Malaysia is bracing for a delayed uptick in inflation as the impact of the Iran war filters through to consumer prices later this year, according to Economy Minister Akmal Nasrullah Mohd Nasir.
Shoppers browse clothes at a street stall in Brickfields area in Kuala Lumpur, Malaysia, on Saturday, Oct. 19, 2024. The government expects the inflation rate to average within the range of 2% to 3.5% next year, from 1.5% to 2.5% in 2024. Photographer: Samsul Said/Bloomberg