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Economists, agreeing Covid-19 s effects show hints of stagflation, explain how Malaysia can avoid it | Malaysia

Tuesday, 16 Feb 2021 07:00 AM MYT BY SYED JAYMAL ZAHIID Rising global food prices and a rebound in the oil market have fuelled expectations of stronger inflationary pressure at home at a time when more people are out of work and have less income to spend. Picture by Yusof Mat Isa Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 16 Policymakers will likely keep a closer eye on inflation and jobs data in the coming months, as they look for warning signs of “stagflation” as soaring Covid-19 cases spark fears that recovery could drag on with inflation rising amid relatively high unemployment. 

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