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| Name | Upside pressure of inflation in coming months? |
| Video Uploader | Video From NST Online |
| Upload Date | This Video Uploaded At 26-06-2024 02:41:38 |
| Video Discription | Will we see upside pressure on inflation after the rationalisation of diesel subsidies? One economist believes so. OCBC's Lavanya Venkateswaran expects headline inflation to rise in the coming months. This as the rationalisation of diesel subsidies saw a 55.8 per cent increase in retail diesel prices. For June, OCBC estimates that inflation will rise to 2.3 per cent year-on-year. In May, Malaysia's inflation edged up 2 per cent year-on-year (YoY). According to the Department of Statistics Malaysia, this was driven by higher utility charges and dining-out expenses. May’s inflation figure is the highest in eight months, surpassing April's 1.8 per cent. Read more: https://shorturl.at/8GNCA ---------------------------------- #NST #NSTTV visit us at http://www.nst.com.my our Facebook http://www.facebook.com/nstonline more news at http://www.twitter.com/NST_Online and also http://www.instagram.com/nstonline [iyIgHngYpoc] |
| Category | News & Politics |
| Tags | nstonline | NST | New Straits Times | news | BTH | #BeyondTheHeadlines |
