Malaysia's inflation rises 1.8% in November 2024, below expectations

Quick Summary:

KUALA LUMPUR: Malaysia's inflation rose 1.8% in November 2024 compared to the same month last year, but the increase was slower than expected.

In comparison to inflation in other selected countries, inflation in Malaysia (1.8%) was lower than inflation in Vietnam (2.8%) and the Philippines (2.5%).

This is the first decline since August 2021, driven by the inflation in the main group of information & communication (-2.3%),” it said.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIndonesiaSouth KoreaPhilippinesThailandVietnam

Topics: Consumer price index /Business/Business News DOSM CPI Economy Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 13:16:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24565433

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 33 posts per day

Year Established: 1971

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News Last Updated: 4 hours ago

Coverage Areas: Malaysia

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Publisher ID: #22

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