Malaysia’s inflation seen under control, expected at 2.1%-2.2% this year

PETALING JAYA: Domestic cost pressures will remain largely in check through 2015 in the wake of the collapse in global crude oil prices, economists said.

The increase in consumer price index (CPI), which is a gauge of inflation, will likely slow to only 2.1% to 2.2% this year, compared with 3.2% in 2014, before the pressure picks up again in 2016.