Posted by bumblebee > 2013-10-06 16:27 | Report Abuse

Consumers have to brace themselves for a possible price hike in sugar and flour less than a month after Putrajaya cut fuel subsidies and assured that the prices of these two essential items would not be increased. Domestic Trade and Consumer Affairs Minister Datuk Hasan Malek hinted that subsidies for sugar and flour might be reduced as part of the government’s subsidy rationalisation plan. The details will be announced during the tabling of the 2014 Budget on October 25, English daily The New Straits Times reported today.