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3 days ago · A new indicator is needed to measure cost of living, instead of the Consumer Price Index (CPI) that measures inflation. The CPI only measures the changes in price, and is influenced by the supply and demand for goods and services. The new indicator — which will measure the cost of living based on each district — will now complement the CPI.
4 days ago · [Apr 2024] Malaysian Economic Indicators. Leading, lagging, and coincident composite indices (with diffusion) showing overall economic direction.
2 days ago · SHAH ALAM, 4 July — The Selangor administration has revised its target to reduce absolute poverty by 2025 to 0.5 per cent from 0.7 per cent previously. Menteri Besar Dato’ Seri Amirudin Shari said this proves his government’s commitment to intensify targeted efforts to reduce poverty in Selangor. He made this announcement when tabling the ...
Jun 25, 2024 · Recent statistics from the Department of Statistics Malaysia (DOSM) show that this policy has stimulated a 7.7% increase in the median pay, rising to RM2,424 in 2022 from RM2,250 in 2021. Nevertheless, the poverty rate increased from 5.6% in 2019 to 6.2% in 2022, and 490,000 households continue to fall below the average national poverty threshold.
3 days ago · Jakarta (ANTARA) - Coordinating Minister for Human Development and Culture Muhadjir Effendy has said that the national poverty rate in March 2024 was the lowest on record in the last ten years. "Based on Statistics Indonesia (BPS) data, as of March 2024, the poverty rate in Indonesia stood at 9.03 percent.
Jun 20, 2024 · The discussion focused on the issue of child poverty in Malaysia, which is often hidden from public view. The discussion provided an in-depth and comprehensive view of the impact of child poverty on the physical, mental and social development of children, highlighting the urgent need for immediate action to address this prolonged issue.
Jun 7, 2024 · 1. Poverty Line Income (PLI) The Ministry of Economic Affairs recently said the PLI — which is used to measure “absolute poverty” — is based on a household’s basic requirements to live healthily and actively.
