Kenanga Lowers 2025 CPI Forecast Based On New RON95 Subsidy Move
Headline inflation dipped to a six-month low of 1.8% YoY in September (Aug: 1.9%), marginally below both forecastand the market consensus of 1.9%. While food prices continued to rise, maintaining a steady growth rate of 0.1% MoM (Aug: 0.1%), declines in other categories like transport, communication, household equipment, and healthcare pulled inflation lower. Notably, core […]