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UOB Research: Malaysia's headline inflation sees smaller contraction of 0.2pc | Money


Wednesday, 24 Feb 2021 08:11 PM MYT
UOB Research said the uptrend in CPI this year will be driven by projected economic recovery amid the roll-out of vaccines that starts today, higher global commodity prices, and year-ago low base effects. Picture by Hari Anggara
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KUALA LUMPUR, Feb 24 Malaysia’s headline Consumer Price Index (CPI) fell at a slower pace of 0.2 per cent year-on-year (y-o-y) in January 2021 from -1.4 per cent y-o-y in December 2020, coming in lower than the -0.1 per cent estimate by UOB Global Economics & Markets Research.

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