CIMB expects electricity tariff reform to have minimal inflation impact


KUALA LUMPUR: Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).

Based on Tenaga Nasional Bhd’s bill calculations, domestic users consuming below 1,000 kilowatt per hour (kWh) per month are expected to benefit most from discounts of 1.0-14.5 per cent, with those using under 600 kWh receiving full retail charge and services tax waivers.

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Electricity ,  tariff , restructuring , inflation , CPI ,  CIMB

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