Decision not to hike toll rates will ease inflationary pressure, say economists

PETALING JAYA: The Government’s decision not to raise toll rates will ease inflationary pressure, said econo­mists, as the cost of goods and ser­vices has been affected by the price hikes of fuel, sugar and electricity.

CIMB economics research head Lee Heng Guie said the Government’s priority was to ensure that there wasn’t another round of price hikes and manage the strong inflation pressure from the previous hikes.