, for the most anyway, the focus and attention is back on the topic that is intertwined with it, that of.
Given that inflation is presently on the rise, amplified by the impact of a weak ringgit, he said that a complete removal of fuel subsidies would exert significant price and cost pressures on households and businesses. Professor of economics at Sunway University, Yeah Kim Leng put forth some numbers as an impact gauge. Citing the 2022 Household Expenditure Survey, which reported the average monthly household expenditure on petrol being RM305, a 20 sen to 30 sen increase in the RON 95 pump price would see the average household incurring a RM30 to RM45 increase in monthly fuel spending, he said.
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