Inflation rate is at 4.6%, about 0.6% higher than the highest fixed deposit rate offered by some of the banks. And there’s wind of raising electricity prices…man, I am going to stock up on candles soon!
The Star Online on April’s Inflation…
Malaysia?? inflation rate, which more than doubled in 2005 amid record global oil prices, may accelerate after the government said it would probably allow Tenaga Nasional Bhd to raise electricity prices, the first rate increase in nine years.??t could get worse with a power tariff hike,?? said Sia Ket Ee, an economist at OSK Securities.
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http://www.astronomynotes.net Kim Miau