Economy minister says inflation still moderate despite Hormuz disruption, but food and logistics costs under pressure
AI Summary
Malaysia's economy minister states that inflation remains moderate despite disruptions in global trade linked to the Strait of Hormuz. However, rising food and logistics costs are putting pressure on the economy.
KUALA LUMPUR, June 22 — Malaysia’s inflation remains moderate despite global trade disruptions linked to ten...
World Markets Commodities Shipping Malaysia inflation Hormuz disruption food costs logistics global trade economy