December 24, 2024 05:06 GMT
MALAYSIA: Country Wrap – CPI to Rise in 2025.
MALAYSIA
- Malaysia PM Anwar’s Popularity Rises on His Investment Push (source: BBG)
- The country’s headline and core inflation are expected to pick up pace in 2025 from a combination of the RON95 subsidy rationalisation measure, the broadening of the sales and service tax, civil service wage increases, rise in the minimum wage and wider implications of incoming US president Donald Trump’s imposition of across-the-board tariffs on imports to the United States. (source: The Star Malaysia)
- Malaysia’s FTSE Bmk KLCI rose +0.35%, following on from yesterday’s positivity.
- MYR is flat today at 4.4897.
- Bonds: mixed reaction across the curve with 10YR 3.859% (-0.7bp)
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