UB: As a consumer, I am at awe with the Consumer Price Index shows inflation rate as low as 3.3% (u

About two weeks ago, the Borneo Post has published an interview with a researcher economy, Dr.James M.Alin from the School of Business and Economics Universiti Malaysia Sabah on the state economy. Interview had received makito a positive response from the audience of readers Borneo and following the given question, the reporter again ABD.NADDIN HJ SHAIDDIN do further interviews by electronic mail. Follow makito the second part of the interview on the economic issues that are expected to be an issue in the upcoming election.
UB: The Honourable Minister of Finance in his budget speech Sabah state in November 2012 reported that our state has the "economic fundamentals" are strong. What he meant was, if in the view of Dr.James?
DJA: Economic Fundamentals accounted for four key economic makito indicators namely, 1. Inflation low, 2. Strong external payments balance, 3. Doubtful bit and 4. Stable employment conditions. makito I would like to invite you to discuss indicators 1 and 4 that I think ordinary people makito should know.
UB: As a consumer, I am at awe with the Consumer Price Index shows inflation rate as low as 3.3% (until November 2011), whereas all the daily essential commodities are always on the rise, especially after the subsidy petrol / diesel is reduced and electricity tariffs are raised on last year ... the annual increment makito was never mind a little ... lost anyway ... like termite infested inflation ...
DJA: Really bah, everyone here know the goods at a higher price than in the West ... because the cost of transportation from the Strip until reaching consumers in Sabah ... Sabah appropriate CPI to the CPI is higher than in the West. Similarly, the index for Food Products and Beverages for Sabah and Sarawak, it should be more than 5.1%.
DJA: No problems with the calculation ... Ladies know not how the CPI is calculated? makito It is calculated from the average change in prices of daily necessities. Then the Department of Statistics to weigh the "goods and services included in the" basket of goods ". The first category is food and non-alcoholic beverages, alcoholic beverages and tobacco, clothing and footwear, housing / water / electricity / gas and fuel, furniture / equipment as well as home care, health, education and others. The second category includes the non-food items, durable goods, and goods and services easily erased.
UB: But ... is not the price of goods daily necessities controlled under the Price Control Act 1946 (revised 1973) and the Supply Control Act 1961? Meaning ... "Price Police" or the Enforcement Division of Consumer Affairs has failed to curb prices?
DJA: To his knowledge, "Price Police" also recorded kegunaaan market prices for goods, among others, by the Department of Statistics to calculate the CPI. .. The time has come for us to repeal "Police Price" on some of the most pressing reasons. Since 1994, people often suffer from the lack of sugar, cooking oil, flour and rice. It has become a common problem, especially on the annual festive season. People were also long queues waiting for their turn to fill up or become makito panicked as happened during the oil crisis of diesel in 2005. Panic buying is happening because of essentials are lacking or not available in the market.
DJA: "If there is no wind swaying leaves cuisine". makito When users look out essentials and no signs of supply will come, they will panic and thus want to buy more than the normal daily requirement. They will also tell your family or friends, so, rumors will spread (much faster with the use of social media such as twitter, facebook, linked, blogs etc), thus aggravating the situation. In the history of Sabah since 1963 to 1994, the panic buying has never happened even in emergency scarcely emergency (during the confrontation). During the riots and unrest pain in Kota Kinabalu (also in Sandakan, Tawau, Kudat and Kota Belud) in March 1986, or the current political turmoil mid-1976 (SUCCESS defeat in the elections makito USNO) or during church followers rioted and protested makito the arrest of priests Christian by USNO administration makito in the 1970s, only a handful of dealers in Gaya Street closed their shops, and even then only a few days, for fear of their own safety and their employees. There were no reports run daily essential goods despite the prices of essential goods to rise due to a temporary shortage.
UB: The dealer is greedy to take advantage, to cash in ... deliberately hoarding to raise prices .. not b