Malaysia’s Inflation Drops to 1.3% in October

Malaysia’s Inflation Drops to 1.3% in October

Are you spending more for breakfast every morning these days?

How much do you spend in the morning for breakfasts? RM10? RM5? Maybe skip the drinks and it could be cheaper too. These days, if I drop by any Chinese kopitiam for breakfast, it will easily be over RM10 per pax. One Wan Tan Mee and one Teh C Panas will be a total of RM12. I still remember when it used to be way below RM10 for this combo when I was younger.

If we want to push it lower, we could eat one Roti Telur and one Teh Tarik Panas, this will be be maybe RM8.50? Okay, perhaps food prices have indeed increased but when we look at the overall…Malaysia’s inflation has moderated. This is definitely a good news and one of the reason stated was due to housing related costs. Do read the latest news in freemalaysiatoday.com below:

Article in freemalaysiatoday.com “Malaysia’s inflation moderated to 1.3% in October, down from 1.5% in September, driven largely by slower increases in food and housing-related costs, the statistics department said.

In releasing the Consumer Price Index (CPI) for October, the department said food and beverages rose 1.5% during the month, compared with 2.1% in September, while housing, water, electricity, gas and other fuels increased by 1.1% against 1.5% previously, Bernama reported.

However, some categories saw faster price increases, led by personal care, social protection, and miscellaneous goods and services, which surged 6% from 4.8%..” Article in freemalaysiatoday.com

It is indeed the market for tenants currently

It is really possible to inform the home owner these days that there are cheaper options out there. The home owner could also check and then revert to the demand from the tenant. The tenant may not be totally ready to move because it is a lot of things to do before one could move. However, if the home owner arrogantly reply to their requests, then chances are they will move even if the rental is almost the same. Perhaps good for both sides to sit down and talk.

For the home owner, trying to find a new tenant after the current one leaves is not easy while moving out because of a RM200 savings may just be too troublesome. So, maybe a good chat should be better than one side trying to challenge the other. Perhaps if the savings is like 30 percent of higher, then chances are it is worth all the hassle. Anyway, this is just me. What about you? If you are renting and you found a lower priced place by RM150 every month, are you going to move?

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