A recent survey conducted by international market research firm Ipsos revealed that Malaysians are less worried about inflation this year compared to last year. The Ipsos Inflation Monitor 2023 found that 66% of Malaysians polled in May believed inflation would rise, which is a 10% decrease from June last year. The survey also noted similar trends in concerns regarding changes in disposable income and unemployment.
Despite the decline in inflation concerns, one in five Malaysians still find it very difficult to cope financially, with more than half just getting by. Only 24% of respondents indicated that they currently live a comfortable lifestyle. Inflation remains a significant issue, as 41% of Malaysians identified it as one of the top problems facing the country.
“Improved optimism is still accompanied by daily hardships, with one in five Malaysians facing financial…
