Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts

Monday, March 29, 2010

Malaysia's Hall of Fame


Year 2009 has been a memorable year of sorts...Najib's 1Malaysia - of racism...BTN...Year 2010 racist idiot like Ibrahim Ali, religious fanaticism - Zulkifli, corruption - PKFZ, (No) murdered Altantuya, (No) dead Teoh Beng Hock, (No) sugar, (No) lost fighter jet engine, (No)missing & hiding Bala, (No) No budget for general hospital for KK, now...resurgence of the racist -Ahmad Ismail

Wednesday, September 24, 2008

Inflation jumps to 27-year high!

Malaysia's inflation rate jumps to a 27-year high of 8.5 percent in August driven by escalating cost of food and fuel.

Cost of food & non-alcoholic drinks rose to 11.7 percent! Transport rose to 21.8% while restaurants and hotels - 6.5%! Inflation is expected to rise further although the government cut petrol & diesel prices by a mere 10 sen.

The effects of the June fuel hike of a whopping 41% brought cost of food, transportation and other items to skyrocket which would seem to be irreversible. Anyway, the harm was done, no thanks to the PM.