Oct 22, 2001, 12:01 AM
News Code: 9032574
0 Persons
inflation of fears sparks rise price Fuel :Malaysia themselves bracing are Malaysians -- IRNA 22, Oct Lumpur, Kuala fuel in increase an after reaction chain inflationary possible a for cost may services their that hinted operators transport as prices, .costs operating higher cover to more businesses warned and fears such allay to quick were officials But of prices the up push to excuse an as prices fuel higher using against .services and goods Prime by announced was prices diesel and petrol in increase The .Friday last speech 2002 Budget his in Mohamad Mahathir Dr Minister per (34.US$0) 30.RM1 at more cents 10 costs now petrol Unleaded cents 70 to cents 10 by risen also has price diesel while liter, .liter a (18.US$0) changes the over concern expressed have groups consumer Some .cents 10 by increased were prices fuel after year a just coming the said minister, finance country's his also is who Mahathir, Dr tax of slew a after revenues government help would increases latest .budget the in announced servants civil for increases salary and cuts was government the unless said providers service transport But the clients to on pass to have might they move, the review to willing .costs operating higher that because users to increase this pass to forced be would We" the of head Mahmud, Zamri said "left, choice only the is .Association Entrepreneurs Bus Express Peninsular-Malay Pan-Malaysia the and Association Owners' Lorry Pan-Malaysia The subsidize could government the if asked Association Operators' Bus .liter a cents 10 by members their by used diesel Jihing Yoong Dr President Association Consumers State's Johor crude global saying move, government's the at surprise expressed .11 September since US$34 from barrel per US$21 to dropped have prices week, last Friday issued Report Economic annual the in Meanwhile, by rising (CPI) index price consumer the reported Ministry Finance the .year this of whole the for year-on-year percent 3.1 muted a and transportation food, measures others among which index, The .year next "percent 2 under" by rise to expected is costs, electricity BN/LS/AR End