Inflation likely to hover between 3% and 3.3%


PETALING JAYA: Economists are anticipating the inflation rate to hover between 3% and 3.3% this year, coupled with more interest rate hikes in the offing.

CGS-CIMB Research economist Nazmi Idrus said he is maintaining his 2022 consumer price index (CPI) forecast at 3.1%.

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