Subsidies help ease inflationary impact

The research house said producers may transfer the rising cost of business, caused by higher commodity prices and materials, to consumers.

PETALING JAYA: After a subdued 2020, inflationary pressure is picking up steam this year, although government subsidies for RON95 petrol and diesel have helped to soften the impact.

In September, headline inflation was recorded at 2.2%, which is the highest since the re-imposition of the third movement control order.