Rising cost of living draws concern


Afzanizam: Although the rise in inflation rate is marginal, the CPI level has been consistently on the way up.

PETALING JAYA: Corporate Malaysia, which is taking measures to put the country on a stronger growth path, is struggling with one of the most pressing issues - the rising cost of living.

The increase in the prices of of some essential items like food, housing and healthcare is making it difficult, especially for the low and middle income groups, to make ends meet.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
rising , cost , living , concern , Malaysians , struggling , healthcare , food , clothing , CPI ,

Next In Business News

Swift Energy Tech subsidiary bags contracts worth RM18mil
Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO
Ancom Nylex reports higher 2Q net profit

Others Also Read