‘Impact yet to trickle down’

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‘Impact yet to trickle down’
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ATHENS (Reuters) -The body of British-born Panathinaikos and Greece defender George Baldock was found on Wednesday in a swimming pool at his home in the southern Athens suburb of Glyfada, police sources said.

PETALING JAYA: Despite the ringgit’s strong performance against the US dollar in recent weeks, retailers say there will be no immediate impact on poultry prices due to currency and economic fluctuations.

Ameer, who is Mydin Mohamed Holdings Berhad managing director, added that the price of chicken had already dropped down to RM6.50 per kg in recent months before gradually increasing to hover between RM8.20 and RM8.50 per kg.He also observed a general drop in sales for necessities like food items, despite Malaysia’s positive economic development.

Similarly, an industry source said it would be difficult to predict whether poultry produce will be cheaper soon. “Also, lower prices may only be observed if the ringgit continues to maintain its strength over the next two to three months, where industry players can adjust their expenditures appropriately,” said the source.

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