Is cooking oil still affordable for Malaysian families?

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Cooking Oil Remains Affordable for Malaysian Families Post-Subsidy Rationalisation

Following the rationalisation of subsidies, cooking oil is projected to remain more affordable than mineral water for Malaysian families. A family of five is estimated to incur an additional annual expenditure of approximately RM100 for cooking oil, a figure significantly lower than their potential spending on bottled water. This calculation is based on an average Malaysian's consumption of 1.5kg of cooking oil per month, translating to an individual cost of about RM2.25.
Additional Annual Cost for Families is Modest

The financial impact of the subsidy rationalisation on households has been estimated to be relatively small. For a family unit comprising five individuals, the increased annual outlay for cooking oil is projected to be around RM100. This equates to an estimated RM10 per month for the entire family.
Individual Consumption Costs Remain Low

On a per-person basis, the cost of cooking oil remains minimal. The average Malaysian consumes approximately 1.5kg of cooking oil each month. This level of consumption averages out to an individual expenditure of roughly RM2.25 per person.
Subsidised 1kg Polygons Remain Available

While subsidies are being removed for most cooking oil package sizes, the 1kg polybag variant will continue to be sold at a subsidised price of RM2.50. This measure ensures that a basic, affordable option remains accessible to consumers. The broader removal of subsidies took effect from November 1.

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Is cooking oil still affordable for Malaysian families?

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