Positive signs as inflation eases, says Rafizi

Ravin Palanisamy

Economy Minister Rafizi Ramli says the country is gradually moving towards a more normal rate of inflation, of around 2%. – The Malaysian Insight pic by Seth Akmal, January 25, 2023.

THE rate of inflation for the year 2022 showed positive signs as it eased to 3.3% in line with Finance Ministry predictions, Economy Minister Rafizi Ramli said.

According to Rafizi, inflation, measured by the consumer price index, hit a six-month low of 3.8% in December, down from 4.0% in November. 

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