One of the best sources related to the economics info for my reading is from CIMB Research. I’m sure most of banks or any financial institustion have their own economist. So, i gain this opportunity to updated my knowledge about current economic situation by following their public research. Thanks God!
As we known, we’re heading to the economic recovery globally. Even there are problem with hight unemployment rate at US ( around 10.2% ) , asian countries are leading to recovery very soon. I’m not sure what’s the factors.
Fo Malaysia’s current economics situation, we’re now in minor DEFLATION. The meaning of minor deflation is negative inflation for short period. This negative is caused by several factors. As an explaination, inflation is calculated through CPI ( Consumer Price Index ). CPI involving general level price of certain goods and services. If CPI negative, it will lead our inflation rate tend to be negative too. And today we got this negative CPI because one of the factors is the declining in price of fuel. Is it right? Is it our oil price is decline? This took me several minutes to think. I dont like to say that the data is liar, [Read more…]
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