With Ramadan and Hari Raya Aidilfitri approaching, consumers are advised to shop cautiously as clothing prices rise during festive periods. Fomca COO Nur Asyikin Aminuddin stated that inflation, production costs, and branding drive up prices.
Ramadan Shopping Caution Urged as Prices Rise
Branding and exclusivity often inflate costs without guaranteeing quality. Prices can increase by 10-20% during Ramadan. She urged a balance between profitability and fairness, warning against social media hype leading to impulsive purchases.
The Price Control and Anti-Profiteering Act prevents unfair profiteering. Early shoppers benefit from lower prices. Tailoring outfits can be more affordable and ensure quality.
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