Malaysia February Shoes And Clothing Price Index Rises, Columbia Footwear Products Seize Market Share

According to the data published by the statistical bureau of < a href= '"http://www.91se91.com/news/index_c.asp" > Malaysia < /a >, the consumer price index of this country (2014) was 109.8 in February, which was up 3.5% compared with the same period (106.1), which was in line with the market forecast.

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< p > Malaysia economists believe that the inflation rate of MA in February increased by 3.5% over the same period last year, due to the prices of pportation, food and non-alcoholic beverages. This marks a record high since June 2011.

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< p > the Malaysia government started the rationalization of subsidies in order to reduce the deficit, so that the domestic a href= "http://www.91se91.com/news/index_c.asp" > price < /a > continued to skyrocket.

The Central Bank of Malaysia predicts that the country's inflation rate will reach 3% to 4% this year.

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< p > February, the increase in the prices of major consumer goods was more significant, including alcoholic beverages and cigarettes (up 14.1%), traffic (up 5.5%) and restaurants and hotels (up 4.4%); other items of price increase included non-alcoholic beverages and foods (up 3.8%), real estate, water, electricity, gas and other fuels (up 3.5%), education (up 2.3%), health (up 2.2%), leisure, service and culture (up to 1.6%), furniture, household equipment and daily necessities (up 1.5%) and < a href= "http://www.91se91.com/news/index_c.asp" > clothing < /a > footwear (0.2%).

The drop in items was newsletter (down 0.6%) and miscellaneous products and services (down 0.4%).

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< p > cumulative Malaysia's consumer price index from 1 to February this year was 109.7%, up 3.5% from the same period last year.

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< p > footwear manufacturers in Columbia are now striving to expand their share in the domestic market and expect to seize 80% of the domestic market share and win back the leading position in the domestic market.

In recent years, due to the rapid export of Asian footwear to Columbia, the footwear industry in Columbia has been severely damaged.

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< p > Columbia shoes, leather and leather products association hopes that the domestic market share of footwear industry will rebound sharply in 2014.

At present, Columbia's domestic production accounts for only 40% of the market share.

The association plans to occupy 80% of the domestic market share in 5 years.

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P LuisGustavoFl chairman Lewis Gustavo re proposed that the direct result of this result is unfair competition in the import of Asian goods.

Leather and footwear products are mainly affected by illegal imports. The No. 074 industry market management law points out that only by restricting imports can we effectively solve this problem.

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< p > data show that in 2012, Columbia imported 16 million 400 thousand pairs of shoes in the first ten months, compared to 7 million 700 thousand pairs in the same period in 2013. Since the entry into force of the March law, import volume has dropped significantly.

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