Private consumption rising

MIDF Research: “Consumer inflation is expected to go up this year but remain benign and supportive to consumption."

PETALING JAYA: The increase in private consumption, on top of it benefiting from the low base last year, will be more evident from the second quarter of the year.

MIDF Research attributed this to the National Covid-19 Immunisation Programme which has kicked off and the vaccination rollout will be carried out in phases throughout the year.