Medium, low salary earners vulnerable to rising inflation, potential interest-rate hike


THE imminent increase in interest rates has caused anxiety among some Malaysian households, as the prospects of higher repayments for their outstanding loans will likely put further strain on their spending power.

As it is, many in the country are already feeling the impact of rising inflation eating into their disposable income, leaving them with less to spend on each month.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Vestland wins RM225mil Kelantan deal
Tycoon piling into S’pore property eyes huge deal
Edelteq to ride on higher contribution from associate
Nor Shahmir Nor Shahid is Turiya MD
Ancom Nylex posts higher 1Q earnings
AWC firms up role as Gamuda subcontractor
Velesto faces softer rig market
Anthropic revenue jumps to US$16bil ahead of IPO
CelcomDigi accepts RM381.75mil spectrum award
mm2 Asia, unit still owe US$171,000 in CPF arrears

Others Also Read