Public Investment Bank: Malaysia’s CPI seen expanding 2.4pc in 2022 | Malay Mail

📆 2022/02/25 15:41:00
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KUALA LUMPUR, Feb 25 — Malaysia's Consumer Price Index (CPI) is expected to remain encouraging in 2022 with a projected expansion of 2.4 per cent year-on-year (y-o-y), thanks to a full year impact of full economic reopenings, aided by favorable oil price movement. Public Investment...

KUALA LUMPUR, Feb 25 — Malaysia's Consumer Price Index is expected to remain encouraging in 2022 with a projected expansion of 2.4 per cent year-on-year , thanks to a full year impact of full economic reopenings, aided by favorable oil price movement.

The investment bank said demand will be pushed further by various fiscal assistance like targeted financial transfers , special incentives and specific initiatives . Public Investment noted that Malaysia’s CPI started the year on a steady footing, driven by the full economic reopenings as all states have transitioned into Phase Four of the National Recovery Plan .

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