Prof Yeah elucidates mechanisms underlying deflationary pressures as they relate to the Malaysian Consumer Price Index (CPI), which has recorded a third straight monthly deflation.
Prof Yeah states that increasing fiscal deficit this year will not spark concerns and unavoidable due to shocks of supply and demand under lockdown period
In response to the Malaysian economic recovery plan under the COVID-19 pandemic, Prof Yeah raises the efficacy of various consumption-boosting approaches to ensure recovery across consumer goods, automotive and housing sectors.