Is 6% a realistic figure? Can some experts in the economic explain this to me?
Here is the list of thing that do not increase by just 6% and average of those increase by double digit. I'm going to say this as Before (2007) and After (2008)
- Rice: 100.503% increase. (Thai King: Before=RM 19.90 per 10kg, After=RM 39.90 per 10kg)
- Petrol: 40.625% increase (Before=RM 1.92 per litre, After=RM 2.70 per litre)
- Diesel: 63.291% increase (Before=RM 1.58 per litre, After=RM 2.58 per litre)
- Nasi Lemak: 20% increase (Before=RM1 per packet, After=RM1.2 per packet)
- Economy Rice: 14.29% increase (A typical 2 meat 1 vege, Before=RM 3.50, After=RM4.00)
- And more and more .....
I did not see anything that less than 6%, ya ya Teh Tarik increase is 9.09%. But yet all the above increases do not translate to 6% or more (when this statement is made, I expect it would be around 6 - 7 % but the above looks very much more than the statement "6% or more") as mentioned by Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz, so please the economics expert out there, please educate me.