Hasan Malek: Cost of goods not solely dependant on fuel prices

Hasan (left) during the launch of Giant's "low prices locked" campaign with GCH Retail (M) Sdn Bhd Finance Director Vincent Jegou. - Bernama

SHAH ALAM: The cost of essential goods are not entirely dependant on petroleum prices, but other factors such as market trends as well as supply and demand, said Datuk Seri Hasan Malek.

"Petrol is not the sole factor of price increases," said the Domestic Trade, Co-operatives and Consumerism Minister.