Malaysia is set to release its May inflation data on Tuesday afternoon. ANZ expects headline inflation to hold steady at 1.4%, citing easing global commodity prices.
However, economic growth may soften amid continued trade uncertainty, ANZ economist Krystal Tan said in a note. As a result, the bank expects Bank Negara Malaysia to cut its policy rate by 25 basis points in the third quarter to cushion the slowdown.
Singapore
Singapore will release May inflation data on Monday, with investors watching for signals on the Monetary Authority of Singapore's next move at its July meeting.
Inflation may dip further, driven by a strong Singapore dollar and weakening domestic price pressures, ANZ's Tan wrote.
Given the resilient exchange rate and slowing unit labor cost growth, Tan expects inflation to remain low in the near term. In April, core inflation stood at 0.7%.
While Singapore's central bank doesn't have a formal inflation target, it considers a core inflation rate just below 2% consistent with overall price stability.
Write to Barcelona editors at reachbarcelona@dowjones.com
(END) Dow Jones Newswires
06-22-25 1714ET
