Varnam MY
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture
No Result
View All Result
Varnam MY
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture
No Result
View All Result
Varnam MY
No Result
View All Result
Home News

Gardenia Bread Prices Soar From Sept Onwards; B40 Community Are Feeling The Pinch

 It's unavoidable that prices are increasing rapidly but unfortunately, our salaries remain stagnant. 

by Revathi Durai
August 30, 2022
Image Credit: Sinar Harian

Image Credit: Sinar Harian

37
SHARES
103
VIEWS
Share on FacebookShare on TwitterSend

Ever since the price of major essentials such as cooking oil, multi-purpose wheat flour, eggs, chicken, butter, bakery products and other perishable products have increased, Malaysians are definitely feeling the pinch and for some buying groceries takes up at least half of their income. 

It came to our surprise when Gardenia Bakeries (KL) Sdn Bhd announced the sudden rise of their bread and bakery products again. It has stated that Gardenia Original Classic 400g will cost RM3 (up 20 sen), Original Classic Jumbo 600g RM4.30 (up 30 sen), and Breakthru Wholewheat 400g RM4 (up 40 sen).

Pheww…that’s quite a lot!

Check out the new price listing for Gardenia bread below:

Harga baru roti Gardenia mulai 1 September 2022.

Sharing is caring 😊 pic.twitter.com/kz1rAsjPjP

— Food Viral Malaysia 🇲🇾 (@FoodViralMY) August 27, 2022

On the other hand, the price of their cream rolls — vanilla, butter sugar, and salted caramel — is going up by 10 sen to RM1.10 each.

Taking into their official Facebook page, Gardenia Bakeries (KL) Sdn Bhd has stated that the latest price increase is due to the impact of inflation on raw materials, such as flour and vegetable fat. On the other hand, the company has also mentioned that the rising cost of logistics over the years has been the biggest factor for them to raise the price. 

Image Credit: Gardenia Bakeries (KL) Sdn Bhd Facebook Page

What makes things worse?

Without a doubt, the B40 (bottom 40%) group / low-income households are expected to feel the pinch due to the continuous price inflation of essential food items. We might not know those people who would skimp on proper meals due to the rate of inflation. 

 It is unavoidable that prices are increasing rapidly but unfortunately, our salaries remain stagnant. 

Image Credit: Report on Household Expenditure Surveys 2014, 2016 and 2019, Department of Statistics, Malaysia

A few months ago, the government implemented a maximum price scheme for items from April 26 to May 10. But, surprisingly chicken prices started to soar during that period, with retailers claiming that they could not sell standard chicken at the price of RM8.90 per kg because their suppliers were selling it to them at RM8.70 per kg.

If we could feel the pinch, what about the B40 group / low-income households?

According to the Department of Statistics Malaysia’s April consumer price index (CPI) report, food inflation was 4.1 per cent higher compared to the same month last year, with 89.1 percent of food items in the Food & Beverages group recorded increases. 

It said that this group of items – the largest component of household spending – showed the highest increase since January 2018.

Taking things into consideration,  the government will spend RM77.3 billion on subsidies this year — the most it has ever spent on subsidies — to contain rising prices. This includes the RM11.7 billion for Bantuan Keluarga Malaysia direct cash assistance to those who met programme eligibility requirements, The Edge Market reported. 

But, for how long?

At this moment, the government is urged to look into enhancing supplies and assisting producers to secure the sustainability of supply and price management and prevent the price of commodities, especially necessary food items, from rising further and eroding peoples’ purchasing power. 

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0

Follow us on Instagram, Facebook or Telegram for more updates and breaking news. 

Tags: B40Breadconsumer price index (CPI)Department of Statistics Malaysia'sGardeniaGardenia Bakeries (KL) Sdn Bhdlow-income householdsPricesSoar high
Share26Tweet5Send

UPCOMING

Retro Rahman 3.0 – The Beginning
06 May 2023

Retro Rahman 3.0 – The Beginning

RM268
Find out more
Sean Roldan Live In KLCC
12 May 2023

Sean Roldan Live In KLCC

RM109
Find out more
Comedy Comalis 2023
20 May 2023

Comedy Comalis 2023

RM111
Find out more
Load More

DON'T MISS

News

Forbes Features Ambiga Sreenevasan In “50 Over 50: Asia 2023” list

by Khirthnadhevi Kumar
March 24, 2023
Food

Jai Hind Restaurant: A Time Capsule of Authentic Punjabi Cuisine Since 1946

by Khirthnadhevi Kumar
March 17, 2023
News

Nishel Kumar Appointed As The New CEO Of Malaysian Hockey Confederation (MHC)

by Khirthnadhevi Kumar
March 9, 2023
News

Anne Rajasaikaran Sets The Precedent For Women Leadership In Education

by Khirthnadhevi Kumar
March 7, 2023

UPCOMING

May 06
8:00 pm - 11:00 pm
Retro Rahman 3.0 – The Beginning
scheduled
Find out more »
May 12
8:30 pm - 11:00 pm
Sean Roldan Live In KLCC
scheduled
Find out more »
May 20
6:00 pm - 11:00 pm
Comedy Comalis 2023
scheduled
Find out more »
Load More

TRENDING

  1. 1

    Glow This March With Skin Master’s Medi-Spa Deals In Conjunction With International Women’s Day

  2. 2

    AirAsia Celebrates the Holi Festive Season With Amazing Deals on India Flights

  3. 3

    Ts Dr Jeya Amantha Kumar Awarded With Outstanding Woman Researcher in Education Technology at India

  4. 4

    Gardenia Bread Prices Soar From Sept Onwards; B40 Community Are Feeling The Pinch

  5. 5

    Xavier; Get To Know The Man Behind Savage Comments!

  • Advertising
  • Jobs
  • Contact Us
  • Privacy Policy

© 2023 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture

© 2023 Vijandren Ramadass. All Rights Reserved.