Cost of living indicators are adjusted to align them with current developments

Cost of living indicators have been adjusted to ensure that it is aligned to the current developments, said Prime Minister Datuk Seri Anwar Ibrahim.

The calculations for these indicators were adjusted based on various aspects of household expenditure not typically taken into account by many other nations, he said during Prime Minister Question Time in the Dewan Rakyat this morning.

“Kuala Lumpur’s needs are not the same as Hulu Terengganu’s needs. As such, the index has to be adjusted, and this is being done based on a meeting that determined the cost of living levels based on current developments.

“We have also taken into account the Malaysian diet, clothes and shoes, housing, electricity, gas, recreation, and so on which are not generally taken into consideration for the cost of living in other countries,” he told Rosol Wahid (PN-Hulu Terengganu).

Rosol had asked about the developments of cost of living indicators and related initiatives that the government has launched.

Anwar explained that the increased subsidies for those in need were among the initiatives that has been launched.

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