Singapore inflation dropped already

[chaiscool]

Sinkapre?
Price only goes up for the most here.

Which is a good thing. Problem is the recent inflation is too high + gst hike

Steady inflation is the goal for every economy and country.

 

[ZesiMuerte]

disinflation =/= no inflation

TS need to read more books.

 

[moonraiser]

Which is a good thing. Problem is the recent inflation is too high + gst hike

Steady inflation is the goal for every economy and country.

Not for sinkapore where inflation vastly outpaced everything
There is nothing steady about this

 

[Captain Muthu]

That’s a good thing. Deflation also means got recession, higher unemployment and weaker economy.

Not necessarily correlated to such events. Cathie wood theory is interesting, and we’ve seen it before.

 

[Justanewbie]

Better with a little inflation than recession.

 

[Laneige]

wait and see
see if CNY those drinks go up is will come down or stay still liao

 

[chaiscool]

Not for sinkapore where inflation vastly outpaced everything
There is nothing steady about this

That’s the goal mah but not easy to get it right. Not just sg lah, whole world affected with the recent spike of inflation that outpaced everything.

Not necessarily correlated to such events. Cathie wood theory is interesting, and we’ve seen it before.

What she say? Aiya a lot of this business ppl cannot believe wholesale one. See elon, full of crap yet also billionaire.

 

[elvintay07]

inflation caused by some ppl who don’t know maths. GST say increase 1%, everyone will increase 10%. For example noodle from $5 to $5.50, ceiling fan now sell $500 will sell $550. lol! all these ppl will claim easier to calculate else how to pay $5.05?

 

[koster]

Is COE a big component of the indicator?

 

[bombshell]

PAP wan sui!!

 

[Char_Kuey]

The word inflation means price are going up.

Inflation dropping means going up, slower.

Obviously thinking a lot of people will not understand this. Especially effective on boomers

acceleration decrease doesn't mean speed decrease

 

[moonraiser]

That’s the goal mah but not easy to get it right. Not just sg lah, whole world affected with the recent spike of inflation that outpaced everything.

Well the govt slapping on gst during period of high inflation really goes to show what they see us as.

Also as the highest paid govt in the whole world on planet earth, I think it is not unreasonable for normies like me to expect them to do better. We have so many ministers in a small country and even garbage roles like mayors. And yet the best they can do is to give gst vouchers? And increase gst at a time like this?

I think anyone else with a working brain should be able to do better

 

[Char_Kuey]

inflation caused by some ppl who don’t know maths. GST say increase 1%, everyone will increase 10%. For example noodle from $5 to $5.50, ceiling fan now sell $500 will sell $550. lol! all these ppl will claim easier to calculate else how to pay $5.05?

got many is 30 to 40% increment.. I don't know how they justify one

 

[chaiscool]

Well the govt slapping on gst during period of high inflation really goes to show what they see us as.

Also as the highest paid govt in the whole world on planet earth, I think it is not unreasonable for normies like me to expect them to do better. We have so many ministers in a small country and even garbage roles like mayors. And yet the best they do is to give gst vouchers? And increase gst at a time like this?

I think anyone else with working brain should be able to do better

Yeah timing sibei bad but likely it was planned earlier prior to covid and all so no choice.

Or imo they need to recoup the cost from spending and losses during covid period. Tourism is a big part of sg economy then tio lockdown mean a lot of $$ gone.

Yeah if they cared more for sinkie they would delay the gst hike, at least keep the 8% for a while lah. Lol can’t wait for them to announce next year CS / PS salary hike haha, take money from ppl then give themselves a raise.

 

[elvintay07]

Yeah timing sibei bad but likely it was planned earlier prior to covid and all so no choice.

Or imo they need to recoup the cost from spending and losses during covid period. Tourism is a big part of sg economy then tio lockdown mean a lot of $$ gone.

Yeah if they cared more for sinkie they would delay the gst hike, at least keep the 8% for a while lah. Lol can’t wait for them to announce next year CS / PS salary hike haha, take money from ppl then give themselves a raise.

They also need high salary to maintain mah. All no balls to vote against them. So just LPPL lo

 

[Visor9999]

This kind of news just nice for GE?

 

[Shion]

i not going to trust this piece of crap article

 

[alfonsoyy]

i not going to trust this piece of crap article

But 61% trust wor

 

[Shion]

But 61% trust wor

they delusional

 

[buttbERry]

dropped but still quite high leh