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Macro Assignment

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| PPE0045 PRINCIPLES OF MACROECONOMICSTrimester 3, 2013/2014 |

GROUP ASSIGNMENT
Submission date: Week 5 27/4/2014
Lecturer: Madam Noor Shahaliza Binti Othman
Prepared by: Student ID | Student Name | 1142702389 | Aida Kamilia Binti Hassan | 1142702353 | Norzufar Ilya Binti Mohammed Zulkifli | 1142700712 | Purnashankri A/P Murugayah | 1142700516 | Qistina Binti Mohd Noordin | 1142702380 | Tanaletchumi A/P Thiagarajan |
-------------------------------------------------

Declaration by group leader
(This section is to be filled in the student’s own handwriting.)
I hereby declare that all group members’ names are correctly included in the above section. I hold a copy of this assignment which I can produce if the original is lost or damaged. I certify that no part of this assignment has been copied from any other student’s work or from any other source except where due acknowledgement is made in the assignment.

Group leader’s signature : _____________________________
Group leader’s name : _____________________________
Group leader’s student ID : _____________________________
Date : _____________________________
Question 5
Malaysia inflation jumps as government feels heat over living costs
January 22, 2014
KUALA LUMPUR, Jan 22 — Malaysia’s inflation rate jumped in December, exacerbating a political headache for the government over rising living costs and increasing the chances of an early hike in interest rates this year that could further dampen consumer sentiment. The statistics department said today that the consumer price index rose to 3.2 per cent from 2.9 per cent in November, the highest level since November 2011 and up from 1.2 per cent a year earlier. A Reuters poll had forecast it would pick up to 3.1 per cent.
Faster price rises are partly a result of a series of subsidy cuts introduced by Prime Minister Najib Razak’s

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