World Bank’s Malaysia Economic Monitor - Making Ends Meet report says the petrol float system next year will result in modest increases in transportation costs. – The Malaysian Insight pic by Kamal Ariffin, December 9, 2019.
MALAYSIA’S headline inflation is expected to increase modestly in 2020, with consumer price inflation to average higher in the range of 1.5-2% next year as compared with 0.7% projected for 2019, said the World Bank. In its 21st edition of the Malaysia Economic Monitor - Making Ends Meet report launched today, it said the higher projection mainly reflects the lapse in the effects of consumption tax policy changes in 2018.
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