tag:blogger.com,1999:blog-6297413898275266606.post4704859593271856490..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Explaining Inflation…Againhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6297413898275266606.post-34438279199347249252016-10-26T10:57:34.184+08:002016-10-26T10:57:34.184+08:00@anon 10.43
If you look at the details of the CPI...@anon 10.43<br /><br />If you look at the details of the CPI, you'll find that individual prices are fairly accurate.<br /><br />The problem is that people don't bother counting in the prices that have fallen, particularly petrol. RON95 is down 10% from last year.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-87545178974790389132016-10-21T22:43:12.416+08:002016-10-21T22:43:12.416+08:00Everyone is seeing price of every thing is up afte...Everyone is seeing price of every thing is up after GST, so does the blind and deaf. Surely, the data provided to nation is incorrect.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-59515027370394767182016-10-10T14:52:29.934+08:002016-10-10T14:52:29.934+08:00Hishamh, your latest article in The Star referred....Hishamh, your latest article in The Star referred. You mentioned that corner shops almost extinct due to hypermarkets, well I think they are being replace by 7/11 (and their copy-cats).Zuo Dehttps://www.blogger.com/profile/01581657028981206208noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-44074051893962247232016-10-07T11:41:40.717+08:002016-10-07T11:41:40.717+08:00@Fung
You decide, metaphorically speaking.
DOS c...@Fung<br /><br />You decide, metaphorically speaking.<br /><br />DOS conducts a household expenditure survey every couple of years or so (I think they've gone to an annual schedule now). They get the survey households to record what they spend on and how much.<br /><br />The survey data is then aggregated, and that is used to determine what goes into the consumption basket and what the hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-23279475841745803542016-10-07T11:36:48.836+08:002016-10-07T11:36:48.836+08:00@Group 8
The basic problem is that the CPI averag...@Group 8<br /><br />The basic problem is that the CPI averages out expenditure across all the households surveyed. But different income levels on spend more (or less) of particular item groups. If the rate of price increases are different across items, than different income levels will actually be experiencing different rates of inflation. Hence the need for indexes covering households of hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-27562740912018634012016-10-06T00:13:42.766+08:002016-10-06T00:13:42.766+08:00Always have this question in mind, finally getting...Always have this question in mind, finally getting a platform to ask: who decide and how do they decide the weightage of each item in CPI?Fungnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-43061573086709899952016-10-05T17:10:30.495+08:002016-10-05T17:10:30.495+08:00Hi Hisham,
You've said there is an "inde...Hi Hisham,<br /><br />You've said there is an "index covering the low income group (for those earning less than RM3000 a month)". Whats that index?<br /><br />ThanksGroup 8https://www.blogger.com/profile/00896095858032211954noreply@blogger.com