Malaysia CPI in January has dropped to 5 years low at 1%; Hence, Bank Negara likely to hold the interest rate. Last month (December 2014) CPI was 1.9%.
Inflation has cooled down because of the drop in crude oil (~$50). Everyone will be happy because of spending less on fuel.
So, the good news is that it can help to boost the consumers spending and the bad news is its going to hit the oil and gas industry very badly; layoff is on the way 🙁 Some are hoping that the crude oil could go back up to $100 again. I wish too. Mission impossible I guess unless OPEC considers to cut the oil production.
I maybe next to be laid off!