RHB Research: 2018 headline inflation to moderate to 1.9%

  • Economy
  • Wednesday, 18 Jul 2018

KUALA LUMPUR: RHB Research Institute Sdn Bhd expects the country’s headline inflation to moderate to 1.9% for 2018 compared with an increase of 3.7% a year earlier on lower transport costs after the government fixed fuel prices at the current rates.

The Pakatan Harapan-led government has fixed fuel prices of RON 95 at  RM2.20 per litre and diesel at RM 2.18 per litre after winning the 14th General Election on May 9, 2018, whereas the RON97 price is subject to a free float.

Economy , CPI , Inflation