Najib Razak said the price of ikan kembung had risen to RM24 per kg while chicken was selling at RM12 a kg.
He said it was normal for the cost of goods to rise whenever a major festive period was around the corner, but the spike in prices recently was unparalleled. “It’s as though Malaysia’s economy has fallen into the ‘stagflation’ category,” he said in a Facebook post today.
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