Malaysia’s Consumer Price Index (CPI) is expected to show strong momentum for the next few months due to low base effects following the changes in domestic fuel prices after recording a 1.7% hike in March 2021, research firms said. In a research note today, RHB Investment Bank Bhd said pump prices were cut to as low as RM1.25 per litre in April and hovered at that level for a couple of months last year before gradually picking back up
