Inflation: In the course of lower cost products, rising prices decreased out-of dos.8 % y-o-y from the next quarter 2023 to help you 2.0 % y-o-y throughout the third quarter.
Economic areas
Currency: The latest ringgit depreciated by step one.cuatro per cent m-o-meters from the United states money for the compared to step one.4 % drop off m-o-m for the Sep. Inside the October, they decrease so you’re able to its lowest top because 1997–1998 Far-eastern economic crisis, to your money considered by All of us dollar’s rise and you may an effective expanding rate differential into All of us.
Rules price: Lender Negara Malaysia handled their coverage rate in the step 3 per cent at the meeting, even with a slipping ringgit placing inflationary stress on the benefit. fourteen “Monetary coverage statement,” Bank Negara Malaysia, .
Money streams: FDI inflows improved dramatically for the third one-fourth 2023 in order to $4.step one mil, out-of $1.step 1 billion about next quarter. Fx supplies increased by the $dos billion, reaching $101 mil in the third quarter.