Payung Rahmah initiative helped ease inflation, says minister
Domestic Trade and Cost of Living Minister Salahuddin Ayub says the Payung Rahmah initiative has been successful in helping to keep the inflation rate low. – The Malaysian Insight file pic, July 11, 2023.
“The easing inflation in May was mainly contributed by the fall in the Food and Non-alcoholic Beverages Index, which dropped to 5.9% from 6.3% in April. Meanwhile, Salahuddin said the Rahmah Sales programme, which offers discounts of up to 30% on food and basic items, is being actively carried out at 222 parliamentary constituencies nationwide, with 3,557 locations selected as of June 30.
In order to curb uncontrolled increase in the price of goods, Salahuddin said the unity government is following through with the policy of controlling prices either with or without subsidies for items such as bottled and packet cooking oil, coarse and refined white sugar, chicken, grade A, B and C eggs, local white rice, liquefied petroleum gas, RON95 petrol and diesel.
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