OPR kekal 2.75%

Bank Negara Malaysia (BNM) has maintained the benchmark interest rate (OPR) at 2.75% for the semestral period, taking into account the resilient growth of the economy and the stable inflation outlook, according to the central bank. Recent indications suggest that Malaysia's economy remains robust in the third quarter of 2026, supported by strong export performance and steady domestic demand.

The OPR level is consistent with the sustained price stability prospect and the continued growth of the economy. Looking ahead to 2027, rising geopolitical developments, high global commodity prices, and adverse weather conditions are expected to put increasing pressure on inflation. Consequently, total inflation and core inflation are projected to rise slightly, though both remain under control due to ongoing domestic monetary policy measures and stable demand.

The central bank stated that total inflation and core inflation have averaged 1.8% and 1.9% respectively since the start of the year. Despite ongoing conflicts in the Middle East and lower commodity production, the BNM will continue to closely monitor domestic interest rates and demand conditions, considering both factors' impact on inflation prospects.

The BNM noted that global growth remains resilient, backed by strong investment in the technology sector and a stable labor market. According to the central bank, the robust national economic foundation is expected to continue supporting resilient economic growth in 2027, with the export sector remaining the primary growth driver.

The 2027 budget measures are also expected to provide additional support for private sector utilization.