How Smart Consumerism Can Temper Inflation

Although the inflation rate is slowly moderating, Economy Minister Rafizi Ramli believes that consumers can do more to arrest price increases. He recently singled out restaurant dining as one of the main contributors to inflation and urged customers to make educated purchases. Economist Dr. Geoffrey Williams weighs in on how smart consumerism can temper inflation as well as other policies the government can consider.

Image credit: Shutterstock