Inflation: A Malaysia Story
Zetty Ain Kamaruzzaman
Zetty Ain Kamaruzzaman, Department of Industrial Management, Universiti Malaysia Pahang, Gambang, Malaysia.

Manuscript received on 27 September 2019 | Revised Manuscript received on 09 November 2019 | Manuscript Published on 22 November 2019 | PP: 132-135 | Volume-8 Issue-6S3 September 2019 | Retrieval Number: F10220986S319/19©BEIESP | DOI: 10.35940/ijeat.F1022.0986S319
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Abstract: Inflation in economics is defined as “a persistent and sustained increase in the aggregate or average price level of goods and services in an economy”. Inflation is mysterious where it can effect economy in various ways, either positive or negative. Inflation is measured using Consumer Price Index (CPI). Thus, this paper presents the story of inflation from Malaysia point of view. This paper also outlines the basic concept of inflation as its understanding is vital for policy decision-making.
Keywords: Consumer Price Index, Deflation, Economy, Malaysia, Inflation.
Scope of the Article: Social Sciences