The Bank Negara Annual Report 2015 has revealed that there was a higher inflation rate for the lower income groups across most states in Malaysia.
Households in the bottom 20% of the income group experienced inflation rates that were 0.12 to 1.10 percentage points higher than households in the top 20% of the income group.
As the lower income groups spend a larger share of their expenditure on food, they experienced higher inflation due to the higher food inflation of 3.6% in 2015, compared with 3.3% in 2014.
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Households in the bottom 20% of the income group experienced inflation rates that were 0.12 to 1.10 percentage points higher than households in the top 20% of the income group.
As the lower income groups spend a larger share of their expenditure on food, they experienced higher inflation due to the higher food inflation of 3.6% in 2015, compared with 3.3% in 2014.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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