Food prices, subsidies and outlook

时间:1个月前   阅读:12   评论:1

telegram搜索技巧www.tel8.vip)是一个Telegram群组分享平台,telegram搜索技巧包括telegram搜索技巧、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容,telegram搜索技巧为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,The impact of raising the ceiling price for chickens, eggs and cooking oil on overall inflation is expected to be minimal since the weightage for these items is around 3.4% of the overall basket.But it will impact overall food inflation since it accounts for a 12.0% share.

MAY’S inflation data for Malaysia showed headline inflation rising by 2.8% while core inflation, which excludes volatile items and administered prices, increased by 2.4%.

Both the headline and core inflation have been on the uptrend since March this year, and expectations are for overall inflation to remain sticky in 2022.

The high inflation was mainly caused by higher prices for food. Regional neighbours are also experiencing the same situation where prices for food in Singapore increased by 4.5%, Indonesia by 5.8%, Thailand by 6.2% and the Philippines by 5.2%.

For Malaysia, prices for most food items are still controlled by the government. These include several important food items such as meat, poultry and selected fruits and vegetables.

Price capping

The government announced the capping of the chicken price at RM9.40 per kg beginning July 1, 2022, which is 5.6% higher than the previous price cap of RM8.90 per kg. Nonetheless, it is lower than the actual market price of RM9.70 per kg.

To compensate the narrowing profit margins, most sellers now are charging RM1 to RM3 per kg more for cutting and delivery services. This will increase the final price on consumers to around RM10.70 to RM12.70 per kg, which is already above the optimum market price.

The government is allocating around RM370mil to keep the price ceiling, bringing the overall subsidy for chickens to RM1.1bil since February this year.

The government has also committed to ease the process for chicken producers to apply for the subsidy, speeding up the process of importing chicken feed commodities, and exemptions on the intake of foreign workers for the poultry industry.

Also, new prices for eggs were set with grade A eggs priced at 45 sen each (previously: 43 sen each), grade B at 43 sen each (previously: 41 sen each) and grade C at 41 sen each (previously: 39 sen each). On average, the price ceiling increased by 4.7% for eggs.

Meanwhile, subsidy for cooking oil was removed.

Currently the average market price for 1kg bottled cooking oil is RM6.72 per bottle, which is 0.3% higher than the initial price cap. Cooking oil, however, could go higher from this point due to higher crude palm oil price.

The good news is the price for polymer bag cooking oil is still capped at RM2.50 per pack, and this will provide some relief to B40 households since the actual market price for the polymer bag cooking oil is around RM9 per pack.

The removal of the subsidy for bottled cooking oil will lighten the government’s burden since it cost around RM20mil a month.

上一篇:电报群_效法施文 决当「三狮军」首席门将

下一篇:足球免费推介(www.zq68.vip)_草蜢一线队已于6月17日重新集结,李磊归队备战新赛季

网友评论

  • 2022-07-12 00:02:48

    随后47分钟内,张真颖回拨彭某君电话11次,无人接听,微信彭某君未通过微信验证。12:15:52,调度班长代文欣接到电话报诊,称有室友喘气困难,位置在明理路河南大学龙子湖校区,12:16:55,调派救护车出诊,接报诊后,郑大一附院郑东院区急救站接市紧急医疗救援中心指令;12:18:05,救护车出诊,随车医生联系报诊人了解患者情况并进行急救指导;12:25:32,救护车到达河南大学龙子湖校区;12:31:15,急救人员进入彭某君宿舍进行现场急救,向在场老师口头告病危,电话联系家属告病危,通知医院急诊科抢救室做好接诊准备;12:50,彭某君被监护转运至郑大一附院郑东院区急诊科抢救室,后收住急诊ICU至5月30日;5月30日20:42病情变化,抢救至21:20,家属签署放弃抢救同意书和离院告知书。看的我浮想联翩