MUMBAI: Popular social media influencer Aanvi Kamdar, 27, fell to her death while filming a reel near the well-known Kumbhe Waterfall in Mangaon, Maharashtra, India on July 16, 2024.
PETALING JAYA: Rising prices affect many Malaysians, but those in Pahang are feeling the pinch more than others when it comes to eating out and staying in hotels.
Economists said prices went up the most in Pahang due to a surge in demand in the state, which is seeing a boom in domestic tourism after the easing of Covid-19 restrictions. In 2023, it was the second biggest domestic travel destination after Johor, attracting 8.5 million tourists. Prof Yeah said if the inflation spikes are a one-off phenomenon, they are less concerning due to temporary or transitory factors unique to the state.
Prof Yeah said that variation in state-level inflation for different consumer price index categories are due to differences in supply and demand conditions, market structure, and pricing behaviour of firms and businesses.“Similarly, if there are many firms or businesses competing vigorously in the state, prices tend to be less subject to price hikes.
Cafe Restaurant Hotel Tourism Pahang
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