Monday, September 29, 2008

A NEW MALAYSIAN RECORD: “THE INFLATION”

One of the most significant news that was skipped by mainstream media during the last few months is about the Inflation. Inflation for the last two months of July (7.8%) and August (8.5%) are the highest ever recorded in our country for the past 27 years (another new record for Pak Lah, and is now Najib’s baby). The full impact of fuel price increase now has come ashore – which is expected, as the lag period from date of subsidy removal to impact is about three months.

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