Expect short-term volatility after removal of price cap


PETALING JAYA: There will be short-term volatility in chicken and egg prices following the lifting of the ceiling prices for the two items, say economists.

Tunku Abdul Rahman University of Management & Technology Associate Prof Dr Foo Lee Peng predicted that prices of chicken and eggs to rise slightly when subsidies were discontinued later.

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!

Next In Nation

No talks with Umno on 'grand collaboration' yet, says Bersatu's Muhyiddin
No mini drug labs in Johor Felda settlements, says state police chief
Sabah's 40% revenue share: Drop appeal if sincere, Upko tells Putrajaya
Beting Maro identified as key focus for PAS Sarawak in upcoming state polls
Ahmad Zahid clarifies earlier remarks on DAP's 'Team B'
MACC sets up ops room during Sabah's by-elections
Husband, wife perish in Baram estate quarters fire
Trans Asean Madani Convoy member dies in Pattaya hospital
Expect hot weather, less rain in many places until Jan 25, says MetMalaysia
Jobs, small industries key to unlocking Kinabatangan’s potential, says Shafie

Others Also Read