Goods are getting more and more expensive,RM50 note becoming a day basic necessity to survive in a city.
Not talking about the meals nor the daily essentials, transportation itself cost you half or the note.
But well, these are not the main focus.
Question is, why thing happens?
I would say one of the factors is the spending pattern in Malaysia. The young adults are deemed to be more affordable towards the luxuries. Though there are few different level of societies, but all of them are more likely to spend on good meals, good stuffs and good clothes. We call em' luxury.
When people are willing to spend, the supply will react towards the demand, concurrently.
The suppliers are ought to increase in price when people are willing to spend, even when prices are raised.
The fuel price has gone down recently, this further triggers the spending pattern going up where the purchasing power turns consolidate. Theoretically it reflects positive in the overall production of country. But in realistic, when the people are unable to follow the step, it somehow giving negative impacts into the market. A lot of them struggling for survive, corporate fighting to sustain and at the end lose to the market trend.
'If you are not afraid enough to lose in the beginning, you are sustainable to success in the end".
Happy Chinese New Year.