‘Fuel discounts may be in the pipeline’

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.