{"id":15966,"date":"2015-05-08T13:30:47","date_gmt":"2015-05-08T05:30:47","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=15966"},"modified":"2015-05-08T13:30:47","modified_gmt":"2015-05-08T05:30:47","slug":"are-consumers-wiser-with-their-spending-post-gst","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/are-consumers-wiser-with-their-spending-post-gst","title":{"rendered":"Are Consumers Wiser With Their Spending Post-GST?"},"content":{"rendered":"<p><a href=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/shopping-grocery-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-15967\" alt=\"shopping grocery (1)\" src=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/shopping-grocery-1.jpg\" width=\"600\" height=\"303\" srcset=\"\/articles\/wp-content\/uploads\/shopping-grocery-1.jpg 600w, \/articles\/wp-content\/uploads\/shopping-grocery-1-300x151.jpg 300w, \/articles\/wp-content\/uploads\/shopping-grocery-1-99x50.jpg 99w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>A wiser spending trend among consumers in Malaysia has emerged since the implementation of the Goods and Services Tax (GST).<\/p>\n<p>According to Datuk N. Marimuthu, president of Federation of Malaysia Consumers Association (Fomca), consumers are beginning to accept and understand GST, as compared to its initial implementation last month.<\/p>\n<p>\u201cThe average consumers are now more aware about the importance of practising their purchasing power by comparing the prices of goods, checking the receipts, referring to the GST guidelines and the price tags.\u201d<\/p>\n<p>Based on the monitoring activity conducted by Fomca in most supermarkets in the country, he added, the selling prices of products had become more stable, even though some items were still found to be priced higher than they were supposed to.<\/p>\n<p>Fomca is now proposing that the retail trade makes choices easier for consumers by labelling items in the category of zero-rated goods, and prices of pre- and post-GST, with different colour price tags.<\/p>\n<p><i>[<a href=\"http:\/\/www.themalaysianinsider.com\/malaysia\/article\/consumer-group-says-people-now-accept-understand-gst-better\" rel=\"nofollow\">Source<\/a>]<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wiser spending trend among consumers in Malaysia has emerged since the implementation of the Goods and Services Tax (GST).<\/p>\n","protected":false},"author":9,"featured_media":15967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[257,244,218,216],"tags":[],"class_list":["post-15966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budgeting","category-gst","category-money-management","category-news-updates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Are Consumers Wiser With Their Spending Post-GST? 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