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The uncertainty in the economic growth had been highly contributed by multiple factors which does not exclude the suggestion on the impact from the crude oil prices. The major impact from the crude oil prices had been strong in influencing the rising prices of the consumer's goods and services which often translate into the rising inflation for the country. With reference to this., the objective for the current study will focus into exploring the investigation on the impact of the crude oil price against the impact on the inflation rate within the economic condition of Malaysia. The quantitative study method had been developed where the results and findings for the study had achieved the outcome identifying the significant positive relationship between the crude oil price in affecting the inflation rate in Malaysia. The outcome for the research had been crucial address towards the achievement in the academic study reducing the gap in literature review as well as developing further reference for the individuals and businesses to plan the financial resources in the future in Malaysia. [ABSTRACT FROM AUTHOR]

Abstract. inflation and exchange rate on economic growth in Malaysia. The Data was collected and retrieved from the period of 1999 to 2019 which are gathered from The World Bank and Trading Economics. Throughout, this study uses multivariate regressions and the result shows a statistically significant relationship between crude oil price and exchange rate on economic growth in Malaysia. [ABSTRACT FROM AUTHOR]

Objective - The removal of fuel subsidies by the Malaysian government in 2014 has been implement with the managed float system for fuel prices. Methodology/Technique - This study investigates the impact of the managed floating system of crude oil prices on the Malaysian economy using ARDL approach by looking at macroeconomic variables such as inflation, economic growth and unemployment rates. Findings - The results show that all of the variables have short lived relationship with oil prices whereby inflation and economic growth are positively related to oil prices. However, unemployment rate has a negative relationship with the changes of WTI crude oil prices. Novelty - The major input in the economy of Malaysia contributes to a positive relationship between inflation and oil prices, whilst the contribution of Malaysia being an oil-producing country results in the positive relationship of economic growth and oil price. Likewise, as oil prices are high, the increase in demand results in increase in job opportunities. Lastly, the correlation test shows that inflation and economic growth have a high positive correlation while unemployment rate has a low negative correlation with oil price. [ABSTRACT FROM AUTHOR]