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2 comment(s). Last comment by CHONG Kong Hui 2015-02-26 00:13
Posted by CHONG Kong Hui > 2015-02-26 00:13 | Report Abuse
CPI is not relevant to 99.99% of Malaysian.
No result.
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Mercury Securities Research
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THE INVESTMENT APPROACH OF CALVIN TAN
SUPERMAX VERSUS TOPGLOVE, KOSSAN & HARTA, Compare & Contrast, By Calvin Tan
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Koon Yew Yin's Blog
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THE INVESTMENT APPROACH OF CALVIN TAN
UNDERSTANDING THE UPCOMING ELECTRICITY TARIFF BY TENAGA NATIONAL, Calvin Tan
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
4,312 posts
Posted by ks55 > 2015-02-25 17:44 | Report Abuse
Is it true CPI for Jan 2015 is 1% ?
What I know is Roasted duck cost 46 ringgit compare with 38 last CNY, roasted pork 55 ringgit compare with 42 last CNY, year end dinner 1000 ringgit compare with 850 last CNY..........
I will be very happy if my personal inflation (as a pensioner) is below 5%. I suffer a 6% personal inflation rate yoy Jan 2014 to Jan 2015.
Official CPI statistic is meant to feel good only. Low CPI mean BNM should not raise interest rate in near term. How about when FED raise interest rate resulting further and faster ringgit depreciation? I believe when you see ringgit at 4, you will see bank base rate at 6.5, and your housing loan will then be at 8.5%.