Malaysia’s labour market may see softer recovery going forward, in view of rising risks to its outlook over the next six to 12 months due to a potential global recession associated with tighter monetary policy, energy crisis triggered by the Russia-Ukraine war, and China’s Covid-19 zero policy.
Malaysia's headline inflation rate, as measured by the consumer price index, eased for the first time in six months to 4.5% year-on-year in September, compared to 4.7% in August 2022.