Inflationary pressuresTHE consumer price index( CPI) for January 2022, due to be released on Thursday, is forecast to ease. Inflation in December 2021 rose 3.2% to 124.5 as against 120.6 in the same month of the preceding year. This was due to the base effect last year.A Reuters poll of economists had forecast a 2.3% increase. The inflation rate is expected to be 3.2% by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Bank Negara is expected
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2022-02-21 00:00:00.0