皇冠博彩(www.hg9988.vip)_New ceiling prices for chicken, eggs to help curb big rise in food inflation

时间:4周前   阅读:17   评论:1

皇冠博彩www.hg9988.vip)是皇冠体育官方博彩平台,开放皇冠信博彩代理申请、博彩会员开户的线上博彩的官方平台。

,

KUALA LUMPUR: The move to set new ceiling prices for chicken and eggs will help to limit potentially larger adjustment that would add to the overall food inflation, according to MIDF Research.

"For example, the new ceiling price for chicken at RM9.40 per kilogramme (kg) for Peninsular Malaysia is only an increase of 5.6 per cent from the previous ceiling of RM8.90 per kg.

"So, this is *** aller than the expected increase to around RM10 to RM12 per kg if chicken prices were to be floated,” it said in a note today.

READ ALSO: New chicken ceiling price is RM9.40 per kg

MIDF Research said the approval given to the Farmers’ Organisation Authority to bring over 4,500 tonnes of chicken from Thailand is expected to stabilise chicken supply in the domestic market and would limit upward pressure on chicken prices for now.

"Going forward, we foresee that the government will continue to explore more initiatives to ease the upward pressures on food prices in the longer run,” it said.

On the inflation outlook, the research house forecast the Consumer Price Index inflation will be at 2.8 per cent in 2022, higher than last year’s 2.5 per cent, taking into account the faster food inflation and continued improvement in domestic spending activity this year.

READ ALSO: Why is chicken so expensive? Here’s what you need to know.

Yesterday, the Cabinet decided to continue providing subsidy for chicken and not to float its price, capping the retail price of standard chicken at RM9.40 per kg in Peninsular Malaysia effective July 1.

Furthermore, the Cabinet also agreed to fix the retail ceiling price of grade A chicken eggs at 45 sen each, grade B eggs at 43 sen each, and grade C eggs at 41 sen each in Peninsular Malaysia, also effective July 1. - Bernama


转载说明:本文转载自Sunbet。

上一篇:皇冠正网平台出租(www.hg108.vip)_Zoom bets on corporate customers to stem post-pandemic crash

下一篇:telegram华人群(www.tel8.vip)_7月1日江苏疫情最新消息:新增本土1+25 在南京无锡

网友评论