Govt says chicken prices won’t skyrocket

Angie Tan

Chicken prices have been floated after a government survey and assurances of cooperation from producers. – The Malaysian Insight file pic, November 2, 2023.

THE retail price of chicken “will not skyrocket” with the end of price controls and subsidies as there is ample supply, Deputy Agriculture and Food Security Minister Chan Foong Hin said.

Pointing to the basic economic principle of supply and demand, Chan said prices do not go up when supply meets demand.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.