Inflation low and under control due to subsidies, price controls: Mustapa


Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR: Although inflation for April is expected to rise following the increase in the prices of goods, the rate is still seen as low and under control due to the broad-based subsidies provided by the government, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

He said the government’s move to control raw material prices has also helped in curbing the country’s inflation, which stood at 2.2 per cent in March 2022.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

South Korea proxy fight could derail Trump’s zinc bet
Mercosur wants EU to know it has other options
Renewables shine ahead
High-end thrift stores boldy defend their niche
Lagenda ramps up affordable housing push
M&A activity set to soar in 2026
M’sia resilient despite global risks, says IMF
What headline-generating FDI tells us
Gold futures likely heading higher this week
AEON Credit targets 12% ROE

Others Also Read