RAM Ratings expect the inflation rate to increase to 3.8% in August due to higher retail petrol prices, which averaged RM2.12 a litre in August compared to RM1.96 in July.
PETALING JAYA: Motorists in urban areas will likely get fuel price discounts from petrol dealers once the system of weekly price announcements starts on Wednesday, said the Petrol Dealers Association of Malaysia (PDAM).
Association president Datuk Khairul Annuar Abdul Aziz said the discounts would be in line with the announcement by Domestic Trade, Co-operatives and Consumer Affairs Minister Datuk Seri Hamzah Zainuddin.
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