Egg prices hold steady despite subsidy cut


KUALA LUMPUR: Retail prices of chicken eggs have remained steady despite the government reducing its egg subsidy by half, according to a survey conducted by Bernama in the capital and several states.

The new subsidy rate of 5 sen per egg took effect today, ahead of the planned complete withdrawal of support on Aug 1. Despite initial concerns, traders in several states reported that prices have not yet risen and supply remains stable.

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