Decline in June CPI within expectations - economists

The decline in the Consumer Price Index (CPI) by 1.9 percent in June 2020 from a year earlier is within expectations in light of lower fuel prices, say economists.

Despite the fall, Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said he does not think it is an outright deflation.

“We could still see other prices such as...