Bank Negara remains data-driven in assessing inflation, growth outlook

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KUALA LUMPUR: Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.

To address this, he said Malaysia must explore ways to increase incomes, such as by bringing in more investments to create high-skilled and high-paying jobs.

For example, he said the nominal wage per worker only cumulatively increased by seven per cent, whereas during this period, overall prices increased by 9.3 per cent.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Wages Inflation /Business/Business News Bank Negara Marzunisham Omar Banking

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 18:23:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © The Star

News ID: 27349598

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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