BFM Podcast

How Smart Consumerism Can Temper Inflation

Tan KW
Publish date: Thu, 26 Jan 2023, 11:09 AM
How Smart Consumerism Can Temper Inflation

26-Jan-23 07:45

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

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