The government has announced plans to introduce a new cost of living indicator in November to provide a comprehensive assessment of expenses required for basic necessities. Dr. Carmelo Ferlito, CEO of the Center for Market Education shares his insights on how this new metric could impact household budgets and the strategies to ensure its effectiveness for policy making.

Image Credit: shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories:  sponsored content,  property,  government

Tags:  poverty line income,  cost of living index,  cpi,  affordable housing,