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The Business Station
How Smart Consumerism Can Temper Inflation
12 mins·07:45, 26 Jan 2023
How Smart Consumerism Can Temper Inflation
12 mins
·
07:45, 26 Jan 2023
·
Recommended
43 mins
Guest: Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology (MUST)
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
Presenter: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
Producer: Sim Wie Boon
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