CPI deflates as MCO pushes housing, transport prices lower – MIDF


Modified 21 May 2020, 3:27 am

Malaysia’s consumer price index (CPI) deflated further to a record low, declining 2.9 percent in April to 117.6 as the movement control order (MCO) pushed prices of housing and transport lower.

Malaysian Industrial Development Finance (MIDF), in a research note, said the Malaysian consumer price deflation recorded at -2.9 year-on-year (yoy) in April was far lower than market forecast of -1.5 percent yoy.

All Access Plan
starting from


per month
Subscribe Now
You can cancel anytime.
Get unlimited access to our articles on web and apps
Add comments to our articles
Bookmark articles to read later
We accept
Student or Senior Citizen? Get a special rateGroup / Institutional / Corporate Plans
Already Subscribed?
Sign In

Share this story