PETALING JAYA: The Consumer Price Index (CPI) is expected to be lower next year due to the expanded zero-rate and exempt list under the goods and services tax (GST), said Customs Department GST director Datuk Subromaniam Tholasy.
He said that the Government had initially estimated the CPI to go up by 1.8%, as announced by Prime Minister Datuk Seri Najib Tun Razak when tabling Budget 2014 last year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!