Malaysia Sets Diesel Price at 2.10 Ringgit Per Liter from July 1, Limited Inflation Impact Expected

According to analyst Shazma Juliana Abu Bakar on June 23, Malaysia's diesel subsidy reform taking effect July 1 is expected to have minimal direct inflationary impact. Eligible citizens will purchase subsidized diesel at 2.10 ringgit per liter, while logistics operators remain protected. The analyst noted diesel comprises only 0.2% of the consumer price index basket, keeping transport costs and broader price pressures manageable. Affin Securities maintains its 2026 inflation forecast of 2.1%-2.6% and GDP growth projection of 4.3%-4.7%.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments