Malaysia Inflation Rate 2024 Bank Negara

Malaysia Inflation Rate 2024 Bank Negara. The monetary policy committee (mpc) of bank negara malaysia (bnm) has decided to maintain the overnight policy rate (opr) at 3% in its first meeting for 2024. Most research houses projected malaysia’s headline inflation rate to range between 2.5% and 3.3% in 2024, while the expectation is for bnm to maintain its overnight policy rate at 3% throughout the year.

Malaysia’s economy is on track to grow around 5 per cent in 2024 while inflation will not exceed 3 per cent, mr adnan zaylani mohamad zahid said in a bloomberg television. Malaysia inflation rate for 2022 was 3.38%, a 0.9% increase from 2021.