US – Dec Consumer Price Index
12/01/2019 09:33 am MYT
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The headline consumer price index (CPI) in Dec fell 0.1 from the previous month. Excluding the food and energy components, the core CPI increased by 0.2% – see table 1. Year-on-year, the headline CPI and core CPI rose by 1.9% and 2.2% respectively – see figure 1. For the whole of 2018, the inflation rate was 2.4%, up from 2.1% in 2017. Looking ahead, the headline CPI is expected to moderate due to lower oil prices, while the pickup in wage growth should continue to hold up the core CPI.

 

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Even four months after the Covid-19 pandemic broke out, scientists still do not fully understand the mysterious coronavirus - hence, no cure is in sight. Although an increasing number of countries are relaxing restrictions and reopening their economies, with the threat of the SARS-CoV-2 virus still grave and present, most businesses cannot operate normally and some remain closed. As a result, the retrenchment wave has started, with the SME Association of Malaysia reporting that some companies have already retrenched a third of their staff, with more retrenchments on the way. Meanwhile, the Malaysian Employers Federation, the country’s biggest federation of employers, warned that more than 2 mln people may lose their jobs after Raya.

These are scary numbers with serious repercussions. How does one manoeuvre during this very challenging time? Capital Dynamics invites you to join Tan Teng Boo and team in a lively online discussion on 30 May. Please visit https://specialwebinar.icapital.biz/ to find out how you can participate.
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