Methodology

             In the course of doing this research we as a group have used both primary and secondary data as the basis of our findings. The method that we used to gather primary data was by doing a survey about inflation to the public. The survey was done at a few places including Taylor’s University and suriamas condominium, with most of the respondent being student. The data that we gathered are primarily about the term “inflation”, respondent’s view on the subject and also their prediction of what is going to happen to inflation in Malaysia in the near future.

            We also gathered primary data from trusted internet sources such as the official Department of Statistics Malaysia website other websites. We also gathered information from economics textbooks and magazine as a way to further educate ourselves in the topic of inflation as well as to expose ourselves to the economics of the country. The newly announced Malaysia budget for 2014 will also be discussed as it shows a glimpse of what is going to happen to the inflation of the country in the near future. We used a variety of information sources to reduce the chances of our findings to be biased and unaccurate.