[2130] Of sugar prices today and 20 years ago
Posted in Economics on December 14th, 2009 2 Comments »
Sugar price per kilogram in Malaysia in 1989 was RM1.20, according to the Food and Agriculture Organization of the United Nations (FAO). Sugar price per kilogram in Malaysia today is RM1.45. If sugar were the only commodity in the world for Malaysia, it would suggest that average annual inflation rate for the past 20 years [...]
