Lately, life has been getting a little more miserable than usual. Every day we hear about prices rising and our bank accounts seem to be drained to almost nothing by the middle of the month. Even one job isn't enough for us and we have to take up multiple jobs just to support ourselves.
The worst part is that we know things are not going to get better. But sometimes it is better to know beforehand rather than suddenly come to find out about it.
So, a Twitter user, @ZietInvests, decided to give Malaysians a little heads up by informing us what price hikes are coming in July 2022.
1/ Update on inflation in Malaysia (July 2022)— Ziet Invests (@ZietInvests) June 22, 2022
Here are the price hikes that you should know: (A )
Here are some of the things that are going to be more expensive than usual:
#1 Chicken (surprise, surprise)
2/ The ceiling price of chicken will be removed on 1st July.— Ziet Invests (@ZietInvests) June 22, 2022
Chicken will range from ~RM 10 to RM 12.50 per kg. https://t.co/tpbLF3EdRr
#2 Bottled Cooking Oil
3/ Subsidies for bottled cooking oil will be removed from 30th June.— Ziet Invests (@ZietInvests) June 22, 2022
Subsidy for cooking oil in 1 kg polybags which are sold at RM2.50 would not be affected. https://t.co/SLtFTG3JyS
#3 RON97 Petrol
4/ RON97 petrol price increase by 11 sen to RM4.83 per litrehttps://t.co/KatkOmg76y— Ziet Invests (@ZietInvests) June 22, 2022
#4 Electricity Bills
6/ Property prices likely to increase by 5%-20% by year-end— Ziet Invests (@ZietInvests) June 22, 2022
(though take this with a pinch of salt, sometimes expectation may be biased for certain reasons) https://t.co/1PndAPRpOb
#6 Chinese Funerals
7/ Chinese funerals costs will increase soon— Ziet Invests (@ZietInvests) June 22, 2022
Prices of coffins, joss sticks and tombstones expected to rise 10-25%https://t.co/7pywRKXWaw
Wishing Malaysians the best of luck for what's yet to come!
What do you think about these price hikes? Share your thoughts in the comments section, we'd love to hear your opinion!