KUALA LUMPUR: The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist. According to the Department of Statistics Malaysia (DOSM), Malaysia’s inflation rate for December 2024 moderated to 1.7 per cent, compared to the 2024 annual rate of 1.8 per cent. At 6 pm,...
KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar on positive sentiment ahead of the release of Malaysia’s advance second quarter of 2024 (2Q 2024) gross domestic product (GDP) estimates today. The Department of Statistics Malaysia (DoSM) is scheduled to release the 2Q 2024 GDP estimate data in the afternoon. At 8 am,...
KUALA LUMPUR: Malaysia's inflation remained at 1.8% for the third consecutive month in April, led higher by price increases in restaurant and accommodation services. The rate of increase was lower than the median forecast of 1.9% in a Reuters poll of economists. In a statement, the National Department of Statistics said the country's core inflation in April...
PUTRAJAYA: Job vacancies advertised online recorded an increase of 29.5 per cent with 338,305 vacancies in the third quarter (Q3) of 2023 compared to 261,231 vacancies recorded in the second quarter (Q2) last year, according to the Department of Statistics Malaysia (DOSM). In the Big Data Analytics Job Market Insights and My Job Profile: Job Vacancies...
KUALA LUMPUR: Malaysia's economy is estimated to grow at 3.4 per cent in the fourth quarter of 2023 (4Q 2023), representing a slight uptick from the previous quarter's growth of 3.3 per cent, according to the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said notably, the services sector retained its position...
KUALA LUMPUR: Malaysia’s wholesale and retail trade recorded sales value of RM142.5 billion, an increase of 6.7 per cent year-on-year (y-o-y) in August 2023, said the Department of Statistics Malaysia (DoSM). On a month-on-month comparison, sales value grew 2.0 per cent, it added. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase of 6.7 per...
