BNM governor cautions that elevated inflation, input costs could weigh on Malaysia's growth outlookBank Negara Malaysia governor Tan Sri Nor Shamsiah Mohd Yunus warned that higher-than-expected domestic inflation and input costs could weigh on the country's growth outlook.
This is in addition to external headwinds that continue to present downside risks to growth, she said. “This includes a sharp tightening in global financial market conditions, further escalation of geopolitical conflicts, and extreme weather events," she told a media briefing on the launch of BNM's Annual Report 2022, the Economic and Monetary Review 2022 and the Financial Stability Review for the second half of 2022 on Wednesday (March 29).