(March 24 12:58) Sbr.com.sg
Submitted By:
Clarist Zablan
Case Study:
No
MAS is expected to lower their inflation forecasts to -0.5 to 0.5%.
Inflation is expected to ease further in the coming months, as the COVID-19 pandemic caused a plunge in demand and outweighed any price pressures from supply disruptions, according to a Maybank Kim Eng report.
The report projects the headline and CPI inflation to hit 0.3% in 2020, amidst the deflationary impact of the outbreak and plummet of oil prices following the collapse of the OPEC+ alliance.
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