KUALA LUMPUR, March 24 (Bernama) -- MIDF Research has slightly raised its headline inflation projection by 0.2 points to 2.5 per cent for 2023, following a higher food price growth forecast of 4.5 per cent from 4.0 per cent previously. In a research note today, the research house said that supply-push factors are expected to ease moving into 2023. MIDF Research said the easing is attributable to, among others, the appreciation of the ringgit, mild correction in global commodity prices and better supply chain flow.

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