Big drop in real salary increase for Malaysians next year

Big drop in real salary increase for Malaysians next year

The Malaysian Reserve-News·2019-11-13 12:40

THE increase in real salary is expected to drop significantly for Malaysian workers in 2020 to 2.9% from 4% recorded this year taking inflation rate into account.

ECA International Asia regional director Lee Quane said despite the forecasted nominal salary increase staying at 5%, inflation in Malaysia is expected to rise from 1% to 2.1%.

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Read full article on The Malaysian Reserve-News

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