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Friday, May 23, 2008

Singapore Inflation at 7.5% for April 2008

Inflation in Singapore for the month of April 2008 hits 7.5%, a 26 year high. Food, housing, transportation and communication contribute most to the increase in inflation. Whatever goes up will not go down for this case. I believe prices will remain unchanged for cooked food even if prices ease. When do you see price of chicken rice ever goes down?

Singapore inflation rate hits new 26-year high of 7.5% in April

Singapore Consumer Price Index (With details broken down)

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