Global food inflation impacts the Malaysian market


Global phenomenon: A vendor serves customers at the La Boqueria food market in Barcelona, Spain. Spanish inflation accelerated to the fastest in nearly three decades in November on rising food prices, underscoring the lingering consequences of supply-chain bottlenecks across Europe. – Bloomberg

THE current rising price of food, and the frustrations faced by millions across the country in getting access to affordable essential goods, is not only a localised situation but one that is also impacted by global chain events. Most other nations around the world are struggling with various challenges, including pandemic-related issues, which directly affect the cost of essential goods, creating high inflation on food products.

The main priority faced by governments now is to effectively introduce policies which can ensure families are able to put food on the table, and to do so with haste.

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 Focus

How Maduro aims to outlast Trump
Europe’s draft dilemma
Banking on collaboration
Freedom of expression in Malaysia: Setting back and forth
Ten years after the Paris Agreement, let’s redouble efforts
Thailand-Cambodia conflict: A thousand years of heritage shattered by military aggression
Touching the clouds
Richest 0.001% now own three times more wealth than poorest half of humanity combined
Australia’s social media age ban has started. Here is what it really means
The path forward for NEETs

Others Also Read