Inflation And The Shrinking Middle Class

Dr Lee Hwok-Aun, Senior Fellow, Malaysian Studies Programme, ISEAS-Yusof Ishak Institute

01-Jul-22 07:15

Inflation And The Shrinking Middle Class

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According to the Department of Statistics (DOSM), the Covid-19 pandemic saw some 580,000 middle-income households fall to the B40 bracket. What are the effects of rising inflation on Malaysia's middle class? We discuss the implications for the broader economy with Dr. Lee Hwok Aun of ISEAS-Yusof Ishak Institute.

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories: economy, government

Tags: m40, b40, inflation, middle income status,

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