cost of living, essential goods, assorted vegetables and spices on wood surface
Photo by Angele J on Pexels.com
///

Essential goods price hike up to 400% ahead of CNY, Thaipusam, says group

1 min read

The Penang Hindu Association (PHA) has highlighted a shocking surge in essential goods prices, with increases up to 400% ahead of Chinese New Year and Thaipusam. PHA president P Murugiah revealed findings from a price survey, citing tomatoes as the most affected, rising from RM1.60 to RM8 per kg. Other notable spikes include white garlic (190%), cardamom (139%), and black sesame seeds (95%). Murugiah also reported rising coconut prices, crucial for Thaipusam, with a shortage potentially indicating hoarding. He criticized retailers exploiting the festive season with excessive markups, disproportionately impacting the B40 group already struggling with high living costs.

Essential goods price hike

Read more LM News

Latest News Malaysia

Read More News on Business News Malaysia

Read More News #latestmalaysia

BIZ NEWS CODE Business News Malaysia

Read More News on Business News Malaysia

Leave a Reply

Previous Story

Man Offers to Be Ruffled Up for as low as RM100 

Next Story

Penang’s Poverty ‘Eradicated’? Tell That to Families Sharing One Meal

Latest from Blog

Discover more from

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights