Ideas: Consumption and inflation growth to see one-off rebound


According to its research manager Lau Zheng Zhou, the rebound would depend on how soon the MCO is lifted. (Pic shows police and military personal at a roadblock during the MCO at Salak Selatan Highway yesterday. - The Star)

KUALA LUMPUR: Consumption and inflation growth will see a one-off rebound due to the low base effect caused by depressed consumption during the nationwide Movement Control Order (MCO), said the Institute for Democracy and Economic Affairs (Ideas).

According to its research manager Lau Zheng Zhou, the rebound would depend on how soon the MCO is lifted.

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