Major inflation likely next year, says MIDF
MALAYSIA’S economic growth is expected to fall to 4.5% in 2020 partly due to an expected surge in inflation to 2.4% in 2020, said MIDF Investment Bank Bhd (MIDF Research). Higher inflation will cause economic moderation for Malaysia next year as it will affect domestic demand, MIDF Research economist Muhammad Zafri Zulkeffeli said. The targeted...
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