Salary increment cannot match rise in cost of living

  • Views
  • Friday, 31 Mar 2017

EVERYONE, including me, has been complaining about the ever increasing cost of living. However, the official inflation rate (CPI) has only ranged from 2% to 3.5% a year in the past 10 years.

It is really hard to believe. We all know that the official consumer price index (CPI) does not accurately reflect the actual cost of living increases.

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Opinion , East Malaysia , union yes , andrew lo


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