Malaysia Inflation Rate Forecast 2024. We expect bank negara malaysia (bnm) to keep the overnight policy rate (opr) steady at 3.0% throughout 2024 amid upside risks to inflation as the government contemplates revising. Malaysia’s inflation is expected to fall within a range of 2.5 per cent to 3.5 per cent in 2024, mainly due to the effects of subsidy rationalisation and the impact of the services tax increase,.

Malaysia’s inflation is expected to fall within a range of 2.5 per cent to 3.5 per cent in 2024, mainly due to the effects of subsidy rationalisation and the impact of the services tax increase,. Kuala lumpur, may 24 — midf research has revised downward its headline inflation rate forecast for 2024 to 2.7 per cent from 3.2 per cent earlier on expectation of gradual phases of.