CPI expected to continue declining

InflationApril21

PETALING JAYA: The country’s Consumer Price Index (CPI), which measures the national inflation rate, is expected to continue declining until the third quarter of 2020.

After two consecutive months of decline in CPI this year, price pressure could remain in the negative territory, even as the economy is gradually re-opened, according to Alliance Bank chief economist Manokaran Mottain.