Reject traders who sell food at inflated prices: Malaysian minister
Despite the surge in food prices at Ramadan bazaars, she said consumers should be discerning and wield their influence to refuse purchases from traders charging excessive amounts.
Inflation
An apple a day fritters savings away? Apple price rises to all-time high
The wholesale price of 10 kilograms of apples as of Tuesday was 91,700 won (US$70), more than double the 41,060 (US$31) won for same amount at the same time last year, according…
Indonesia vows to keep food prices stable during Ramadan
Indonesians have entered Ramadan with soaring food prices amid increased demand, and economists are predicting further hikes over the next two months.
Insane iftar market a mockery of price control measures
The price of onions have seen an unbelievable 223 per cent hike per kg compared to its price during the last Ramadan. The government's repeated assurances of stability in kitchen…
China’s consumer prices return to positive territory
The country's consumer price index, a main gauge of inflation, rose by 0.7 percent year-on-year in February after a 0.8 percent decline in January, the National Bureau of…
Prices of Ramadan essentials surge
Despite the government's repeated assurances of stability in kitchen markets during Ramadan, the prices of some commodities, mainly consumed during iftar, have seen a substantial…
Koreans lose appetite for fruits amid soaring prices
According to the Ministry of Agriculture, Food and Rural Affairs, South Korea's per capita fruit consumption declined by 19 per cent to 55 kilograms in 2022 after peaking at 67.9…
Bangladesh reduces fuel price
The fuel oil price has been reduced following the automated price formula, which the government introduced on February 29 as per one of the conditions for the $4.7 billion loan…
Inflation in Bangladesh falls
The dip in numbers is thanks to a fall in the prices of both food and non-food items, but consumer prices have stayed above the government's target for the current financial year,…
South Korea on guard against inflation
In past months, Korea’s inflation rate appeared to be easing out, nearing the target goal of 2 percent, but February’s data suggests that inflation has reaccelerated due to…