Price hike not caused by traders

Higher cost: Ismail Sabri conducting checks on prices of essential food items at a MyFarm Outlet Kasih Putrajaya. — Bernama

PUTRAJAYA: Although the prices of essential goods have increased, this is not due to the indiscriminate pricing placed by traders, says Prime Minister Datuk Seri Ismail Sabri Yaakob. He attributed the price hikes to costs accumulated along various levels of the supply chain before the goods reach the traders.

“It’s true that daily essentials are more expensive now. Traders and wholesalers are not responsible for the price increase. I see it as the result of the supply chain.