00:00Imported goods prices could rise by an estimated 3% to 10% in the coming months due to pressure
00:06on supplier countries from the global energy crisis, according to Maiden Hypermarket Managing
00:11Director, Amir Ali Maiden.
00:14Citing information from importers, Amir confirmed the government's projection of price increases,
00:20which could be felt as early as May or June.
00:23He estimated the increase would not exceed 20%, although suppliers have not confirmed
00:29exact hikes or timing.
00:31Amir said Malaysia imports essential goods from countries such as China, India, Vietnam and
00:37the Philippines, where rising fuel costs are pushing prices up and affecting local prices.
00:43He added that logistics costs are also contributing to higher prices, though food supply levels
00:48remain sufficient for now despite oversupply and shipment delays in export destination countries
00:53like China, India, Vietnam and West Asia.
00:59If essential goods prices rise above 10%, Amir suggested the government enhance targeted aid
01:05such as Sumbangan Assas Rahma for the B40 Group while also considering the impact on the
01:10M40.
01:11Donny Sharjir Rizzo, FMT.
01:13You
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