Summary (150 words): Food prices in Malaysia are expected to rise sharply, with increases of up to 50% following the recent spike in fuel costs, according to the Federation of Malaysian Hawkers and Traders Associations. The group highlighted that higher transportation expenses, largely borne by diesel vehicles, are driving up the cost of raw materials and basic goods. Traders have already reported reducing purchases due to rising prices, while consumer demand has weakened as households cut back. Small traders and hawkers are seen as the most vulnerable, forced to raise selling prices to maintain slim margins.

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Food Price Surge
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Food Price Surge

While some food sellers, such as nasi lemak vendors, have not yet adjusted prices, they remain cautious about potential hikes in key ingredients like coconut milk and meat. The government recently announced new fuel prices, with unsubsidised RON95 rising to RM3.87 per litre and diesel in Peninsular Malaysia climbing to RM5.52 per litre, intensifying cost pressures across the market.

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