{"id":2303,"date":"2008-08-23T00:21:25","date_gmt":"2008-08-22T16:21:25","guid":{"rendered":"http:\/\/poobalan.com\/blog\/borninmalaysia\/2008\/08\/23\/petrol-price-down-15-sen-as-inflations-hits-85-percent\/"},"modified":"2008-08-23T00:20:43","modified_gmt":"2008-08-22T16:20:43","slug":"petrol-price-down-15-sen-as-inflations-hits-85-percent","status":"publish","type":"post","link":"https:\/\/poobalan.com\/blog\/borninmalaysia\/2008\/08\/23\/petrol-price-down-15-sen-as-inflations-hits-85-percent\/","title":{"rendered":"Petrol price down 15 sen as inflations hits 8.5 percent"},"content":{"rendered":"

Came back and saw this on Malaysiakini: Gov’t slashes petrol price by 15 sen<\/a><\/p>\n

Guess what, I just filled my tank with RM70++ worth of petrol \ud83d\ude41 So stupid of me to trust the statement<\/a> that said “no reduction in petrol price until 1st Sept”. If I just waited till tomorrow morning, could have saved a few dollars.<\/p>\n

Anyway, I should have learned a lesson from the parliament dissolution<\/a> fiasco months ago. This time, its seems the “The cabinet decided to bring forward the enforcement date for adjustment of the new petrol price<\/a>,”.<\/p>\n

Well, at least its a good news. Now, would ICI reduce their paint price in a month or two’s time. Their new price for paints was released on 18th August. What about other industries? Right, fat chance!<\/p>\n

With inflation at an 27 year high<\/a> (8.5%) in July 2008, this comes as a bit of good news, but not sure if the impact will trickle down. We never heard of prices of goods being reduced all this while. Will there be a difference this time?<\/p>\n

Dept of Statistics said that :<\/p>\n

…cost of food and non-alcoholic drinks rose 11.2 percent in July compared to a year ago.<\/p>\n

Among the contributing factors for (July’s inflation) were the substantial rise in the electricity tariff announced by the government… and the knock-on effect from the price increase of petrol and diesel,” it said in a statement.<\/p>\n

The July data showed escalating prices in most categories, including transport which jumped 22.7 percent, and restaurants and hotels which rose 6.7 percent.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Came back and saw this on Malaysiakini: Gov’t slashes petrol price by 15 sen Guess what, I just filled my tank with RM70++ worth of petrol \ud83d\ude41 So stupid of me to trust the statement that said “no reduction in petrol price until 1st Sept”. If I just waited till tomorrow morning, could have saved […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[115,225],"class_list":["post-2303","post","type-post","status-publish","format-standard","hentry","category-borninmalaysia","tag-economy","tag-politicians"],"_links":{"self":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts\/2303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/comments?post=2303"}],"version-history":[{"count":0,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts\/2303\/revisions"}],"wp:attachment":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/media?parent=2303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/categories?post=2303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/tags?post=2303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}