With the start of the primary and secondary school year, stationery has already started to increase!
According to the news from the Honorary President of the Federation of Malaysian Stationery and Book Industry, as quoted by The Star, stationery has been gradually adjusted since last year, with an increase of 10 to 25%. Plastic stationery increase is relatively large, because plastic is made of oil processing, and the rise in oil has also driven up the price of plastic.
The low exchange rate of the Malaysian dollar and transportation costs are also the reason for the price increase of stationery. Foreign transport costs rose, even the local transport costs in Malaysia also followed the price increase, coupled with the low exchange rate of the Malaysian dollar, multiple reasons for the price of stationery also began to soar.
Stationery stores are also using a gradual price increase when adjusting the price of stationery, in order not to make consumers feel too burdened. For example, if the original price of a pen is RM1.00, the merchant will first increase by 5 sen, and then by 10 sen.
Nowadays, inflation has broken out in countries all over the world, and the prices of commodities such as oil, palm oil, coal, natural gas, steel, soybeans, wheat, etc. are all increasing. People can only be more cautious in consumption.