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Economy Minister Rafizi Ramli today defended his call for consumers to use market forces in bringing down the prices of prepared food and beverages.
According to him, data shows that prices charged by food retailers, especially restaurants and hotels, have continued to shoot up even when costs for raw items in the market had been stabilised.
Rafizi said it is his duty as the minister in charge of the economy to make sure that when the supply and cost for raw materials have returned to normal, and inflation rate has come down, the decrease is reflected in the consumers' benefits.
Read more: https://www.malaysiakini.com/news/652755
According to him, data shows that prices charged by food retailers, especially restaurants and hotels, have continued to shoot up even when costs for raw items in the market had been stabilised.
Rafizi said it is his duty as the minister in charge of the economy to make sure that when the supply and cost for raw materials have returned to normal, and inflation rate has come down, the decrease is reflected in the consumers' benefits.
Read more: https://www.malaysiakini.com/news/652755
- Category
- TV Saluran - TV Channel
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- kinitv, malaysia, politics
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