Wednesday, 17 August 2022
Tuesday, 16 August 2022
Monday, 15 August 2022
Source: Malaysiakini, 8 August 2022
Friday, 12 August 2022
Thursday, 11 August 2022
Wednesday, 10 August 2022
Malaysia’s June 2022 Consumer Price Index (CPI) increased to 3.4% (on an annualised basis). The increase surpassed the average inflation in Malaysia for the period January 2011 to June 2022 (1.9%), according to the Department of Statistics Malaysia (DOSM). Malaysia’s inflation rate (3.4%) was higher than China (2.5%) but lower than Thailand (7.7%), the Philippines (6.1%), South Korea (6%) and Indonesia (4.4%).
Food index increased 6.1% and remained as the main contributor to the rise in inflation during June 2022, according to the Chief Statistician of DOSM.
Other groups except communications also recorded increases and led headline inflation to 3.4%. Transport rose 5.4% followed by restaurants & hotels (5%); furnishings, household equipment & routine household maintenance (3.4%); miscellaneous goods & services (2.2%) and recreation services & culture (2.2%).
Tuesday, 9 August 2022
About 20m tonnes of grain meant for export is trapped in Ukraine. Its president Volodymyr Zelensky has said this could rise to 75m tonnes after the 2022 harvest. The war also means that this year's harvest will be smaller. As much as 30% of the 86m tonnes of grain Ukraine normally produces will not be harvested, says Laura Wellesley, a food security specialist at think tank Chatham House.
Ukraine’s grain goes to Asian and African nations as shown below: