Abdul Rasheed at a joint press conference organised by Bank Negara Malaysia and the Department of Statistics Malaysia to release the economic performance statistics for the first quarter of 2024 on Friday.– Bernamapic
“We have taken the response into consideration and we’ll come back to the framework ,” he said at a press conference on Friday to announce Malaysia’s economic performance in the first quarter of 2024 . Meanwhile, Malaysia’s economy, as measured by gross domestic product , registered growth of 4.2% in Q1’24 , driven by private expenditure and a turnaround in exports.
“Inflation pervasiveness edged higher, as the share of Consumer Price Index items recording monthly price increases rose to 44.2% during the quarter ,” it added.BNM also said domestic financial markets continued to be driven mainly by shifting financial market expectations over the monetary policy path of major central banks.
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