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  • ✇Malay Mail - All
  • Malaysia’s inflation eases to 1.4pc in 2025 as ringgit’s strength, BUDI95 help
    KUALA LUMPUR, April 29 — Malaysia’s inflation moderated to 1.4 per cent in 2025 as compared to 1.8 per cent in the previous year, supported by the firmer ringgit, sustained household spending and initiatives by the government.According to the Department of Statistics Malaysia (DOSM), government initiatives to distribute RON95 petrol subsidies to Malaysians, to a certain extent, helped to curb further increases in Malaysia’s inflation.“This rate is within the infl
     

Malaysia’s inflation eases to 1.4pc in 2025 as ringgit’s strength, BUDI95 help

29 April 2026 at 05:15

Malay Mail

KUALA LUMPUR, April 29 — Malaysia’s inflation moderated to 1.4 per cent in 2025 as compared to 1.8 per cent in the previous year, supported by the firmer ringgit, sustained household spending and initiatives by the government.

According to the Department of Statistics Malaysia (DOSM), government initiatives to distribute RON95 petrol subsidies to Malaysians, to a certain extent, helped to curb further increases in Malaysia’s inflation.

“This rate is within the inflation range projected by Bank Negara Malaysia and the Ministry of Finance, between 1.0 per cent and 2.0 per cent for 2025,” it said in a statement regarding the analysis of Consumer Price Index (CPI) 2025.

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the country’s inflation in 2025 was contributed by the inflation of housing, water, electricity, gas and other fuels (1.6 per cent); health (1.2 per cent); recreation, sports and culture (1.1 per cent);  transport (0.4 per cent) and furnishings, household equipment and routine household maintenance (0.2 per cent).

He said personal care, social protection and miscellaneous goods and services recorded a higher increase at 4.4 per cent compared to 2024’s 3.0 per cent, followed by insurance and financial services (3.4 per cent), restaurants and accommodation services (3.2 per cent), education (2.3 per cent), and food and beverages (2.1 per cent).

In contrast, he said information and communication and clothing and footwear recorded declines of negative 4.3 per cent and negative 0.2 per cent in 2025, respectively.

“The highest inflation throughout 2025 was recorded in January 2025 at 1.7 per cent and edged down to 1.1 per cent in June 2025, contributed by a slower trend in the inflation of food and beverages, and housing, water, electricity, gas and other fuels.

“Nevertheless, the inflation trend picked up in the second half of the year 2025,” he said.

Mohd Uzir noted that the core inflation rose 2.0 per cent in 2025 as compared to 1.8 per cent in 2024, contributed by the personal care, social protection and miscellaneous goods and services (4.4 per cent), food and beverages (3.4 per cent), insurance and financial services (3.4 per cent), and restaurant and accommodation services (3.2 per cent).

Meanwhile, he said most states registered slower inflation, with four states exceeding the national inflation rate of 1.4 per cent in 2025, namely Johor (2.0 per cent), Selangor (1.7 per cent), Negeri Sembilan (1.7 per cent) and Melaka (1.5 per cent).

“Kelantan recorded the lowest increase at 0.3 per cent,” he said.

Mohd Uzir said that, compared with inflation in other selected countries, the inflation rate in Asean countries ranged from negative 0.3 per cent to 7.7 per cent in 2025.

“Laos recorded the highest inflation at 7.7 per cent, while Brunei recorded the lowest inflation at negative 0.3 per cent,” he added. — Bernama

Inflation jumps to 4.6% in Australia as Iran war fuel shock begins to bite

29 April 2026 at 02:32

Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next Tuesday

Inflation jumped to 4.6% in the year to March, from 3.7% the month before, in what the treasurer, Jim Chalmers, warned was the start of an Iran war-linked fuel shock that will ripple through the economy over coming months.

With consumer prices now growing at their fastest pace in two-and-a-half years, financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next Tuesday as officials struggle to manage the nightmare scenario of containing inflation even as growth is expected to slow sharply.

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© Photograph: George Chan/EPA

© Photograph: George Chan/EPA

© Photograph: George Chan/EPA

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict

Britain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir Starmer’s government, a leading thinktank has warned.

The National Institute of Economic and Social Research (Niesr) said that even under a best-case scenario the UK economy would grow at a much slower pace this year and next because of the Middle East conflict.

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© Photograph: Victoria Jones/PA

© Photograph: Victoria Jones/PA

© Photograph: Victoria Jones/PA

The omnivorous diet is waning, possibly due to high food prices in Canada, report suggests

28 April 2026 at 10:00
Canadians continue to adapt to food inflation, shifting their shopping and eating habits, according to the latest edition of the Canadian Food Sentiment Index. The spring 2026 issue of the biannual report by Dalhousie University's Agri-Food Analytics Lab shows that affordability is still top of mind. Read More
  • ✇TheHill - Just In
  • Trump economic approval drops to 30 percent in new polling Sarah Davis
    President Trump’s fiscal policies are becoming increasingly unpopular amid economic strains resulting from the Iran war, according to new polling. The Associated Press-NORC Research Center survey, released Wednesday, showed the president’s economic approval rating slumped down to 30 percent this month. This is an 8-point decrease from March and 9-point fall from February.  The April...
     

Trump economic approval drops to 30 percent in new polling

22 April 2026 at 13:26
President Trump’s fiscal policies are becoming increasingly unpopular amid economic strains resulting from the Iran war, according to new polling. The Associated Press-NORC Research Center survey, released Wednesday, showed the president’s economic approval rating slumped down to 30 percent this month. This is an 8-point decrease from March and 9-point fall from February.  The April...

UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years

Annual March rate shows impact of Iran war, which also pushed up cost of food and air fares

UK inflation accelerated to 3.3% in March after the Iran war triggered the biggest jump in fuel prices for more than three years.

In the first official snapshot of the damage to living standards in Britain from the US-Israeli war on Iran, the Office for National Statistics (ONS) said the consumer prices index increased last month from a rate of 3% in February. The rise matched the forecasts by City economists.

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© Photograph: Finnbarr Webster/Getty Images

© Photograph: Finnbarr Webster/Getty Images

© Photograph: Finnbarr Webster/Getty Images

RFK Jr and podcast guest suggest food is affordable in the US – despite rising costs

16 April 2026 at 19:26

Health secretary and chef Robert Irvine claim Americans could eat healthier and more cheaply if they shopped better

The first episode of the new Secretary Kennedy Podcast, produced by the US Department of Health and Human Services (HHS), opens with this quote from guest Robert Irvine, who creates meal plans for the US military: “We talk about food being expensive. If you’re buying expensive food, it’s expensive. But if you’re buying food and you know what to do with it, it’s not expensive.”

The episode is titled Fixing America’s Food System – Robert Irvine, and features a 45-minute conversation with the HHS secretary, Robert F Kennedy Jr, the host of the show, and guest Irvine. Best known as a celebrity chef, Irvine has collaborated with the US military to launch Victory Fresh, a program that offers healthy grab-and-go meals on military bases, during the Biden administration. The program’s Biden-era origins are never acknowledged during the show.

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© Photograph: Douliery Olivier/ABACA/Shutterstock

© Photograph: Douliery Olivier/ABACA/Shutterstock

© Photograph: Douliery Olivier/ABACA/Shutterstock

  • ✇The Guardian World news
  • ‘A dollar or two increase is devastating’: US consumers on toll of rising gas prices Maya Yang
    Guardian readers describe how their lives have been upended by cost hikes stemming from Trump’s Iran warWith the US and Israel’s war on Iran now in its seventh week, with a fragile ceasefire in place since earlier this month, Americans are continuing to feel the effects at the pump as global fuel prices rise.For several readers who spoke to the Guardian, the impact has forced difficult trade-offs – from accessing essential medicines and groceries to facing the brink of homelessness amid an alrea
     

‘A dollar or two increase is devastating’: US consumers on toll of rising gas prices

16 April 2026 at 11:00

Guardian readers describe how their lives have been upended by cost hikes stemming from Trump’s Iran war

With the US and Israel’s war on Iran now in its seventh week, with a fragile ceasefire in place since earlier this month, Americans are continuing to feel the effects at the pump as global fuel prices rise.

For several readers who spoke to the Guardian, the impact has forced difficult trade-offs – from accessing essential medicines and groceries to facing the brink of homelessness amid an already rising cost of living.

Continue reading...

© Photograph: Brandon Bell/Getty Images

© Photograph: Brandon Bell/Getty Images

© Photograph: Brandon Bell/Getty Images

‘No longer as cheap?’ Singapore hawker prices jump 6.1%—biggest rise in 15 years

16 April 2026 at 09:34

SINGAPORE: Hawker centres have long been a go-to for affordable, satisfying meals—but prices are climbing, and the change is becoming harder to ignore.

Hawker food prices rose by 6.1% overall in 2023, marking the steepest increase since 2008. Vendors say rising labour costs, ingredient prices, utility costs, and taxes are forcing them to adjust prices to stay afloat.

Food price increase 

Among noodle dishes, fishball noodles recorded one of the biggest jumps, rising from S$3.80 to about S$4.10, an increase of nearly 10%. For Char Kway Teow, there is also an increase from S$4.20 to over S$4.50, a rise of more than 8%. Fish slice rice noodles have the highest average price, reaching around S$5.35. Wonton noodles increased as well. 

For the rice dishes, the cost of Char siu rice increased by 8.3% while chicken nasi briyani also increased at 8.4% at hawker centres. The economy rice is the most budget-friendly rice option, because this one meat dish and two vegetable dishes average S$3.82, making it affordable.  

Beverage costs also increased. It is discovered that the average price of canned drinks reached S$1.71, a 7.5% increase from the previous record. Moreover, the cost of sugary drinks nearly doubled, with an increase from S$10 to over S$20. For other beverages such as freshly brewed Milo, hot tea, and coffee, the cost increased from 6% to 7%.

In order to lessen the pressures of inflation, the Singapore government and other departments have taken appropriate action. On April 14, the Monetary Authority of Singapore (MAS) announced a tightening of monetary policy in three and a half years. With this, the government made its exchange-rate band steeper so Singaporean dollars can rise, as this will help in slowing down rising import prices. 

In terms of financial support, the government has allocated an estimated amount of nearly S$1 billion for emergency funds to support affected families and businesses. This aims to aid cost-of-living subsidies, electricity bill rebates, temporary fuel subsidies, and additional assistance for low-income families.

Several associations are also seeking the government’s support for hawker centre rent rebates, utility subsidies, tax breaks, and low-interest loans.

Singaporean food processors admitted that if the Middle East conflict continues, prices could rise by another 10% to 15%. This is an increase that could exceed the impact of the COVID‑19 pandemic. However, the authorities are putting in place measures to help Singaporeans cope with the challenges of inflation.

 

This article (‘No longer as cheap?’ Singapore hawker prices jump 6.1%—biggest rise in 15 years) first appeared on The Independent Singapore News.

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