Malaysia’s annual inflation rate held steady at 1.8% in March, below the anticipated 2%. This rate matches the highest level seen since October 2023, driven by continued price increases in the food sector. Core inflation rose by 1.7% YoY, slightly down from February’s 1.8% increase. Consumer prices rose by 0.1% MoM in March, a significant decrease from the 0.5% increase in February, the steepest monthly rise since June 2022.