Price hike keeps on

Although GST does not become part of the business operating cost, however the price hike keeps on and do not show the signs of decline or stabilization.

The general public feel the pinch and noticeably uneasy in response to the escalating price hike that burdens them and thus the high cost of living. So much so that it worsens the public perception towards GST and aggravated the anger, despite the assurance and various efforts of the government in keeping the prices of goods remain the same after GST.

Some observers believe that the businessmen have taken the advantage of the GST to raise the price especially the food in the restaurants and road side stalls.

Noticeably, the price of “Yong Tau Foo” is RM 0.60 per piece before GST, but after GST it is RM 0.95 per piece. This has raised the cost of eating out. Undeniably, the price hike has pinch in the pockets of consumer.

Yong Tau Foo

Price before GST

Price after GST