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How Smart Consumerism Can Temper Inflation

Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology (MUST)

26-Jan-23 07:45

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

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar


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Categories:  economyfinancial wellness

Tags:  inflationconsumer spendingconsumer behaviour





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