Inflation in Singapore finally ends as retail prices drop, gas & electricity cheapest in 2 years

spinning_quirK

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Think about it, if government had a culture of data transparency, have independent (not "independent") auditors to check on its data sources, and formatting it transparently in a way that is easy for MOE-educated laymen to comprehend, we don't need "helpful people" like tarous to help to gaslight us. We'll see clearly that the data matches our daily experience, and if the match is poor, it will be a job for the government to figure out why their statistics don't match the ground situation.

Not for us to get convinced that our ground situation is actually fine.

fnoAvba.jpeg
 

Airplane88

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Your annual increment is how much?
I am in construction line. The pay depends on construction economical performance and whether there is OT pay. During 2007 when there was construction of MBS and resorts world and the economy boomed, I got the max basic pay. From then on my basic pay had never exceeded that figure.
 

Jay6789

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In economics it is very bad to have 0 inflation or deflation. Most countries aim for long term 2% a year increase. Do t believe can ask Jamus
any one can confirm we are seeing 2% inflation only yearly?
my chai png increase from 2.70 to 4.50,
chicken rice increase from 2.50 3.50 and many other,
free market economy, but all this coffeshops are cartel like and not forgetting gov increases, all way more than 2%.
 

bluerhino

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any one can confirm we are seeing 2% inflation only yearly?
my chai png increase from 2.70 to 4.50,
chicken rice increase from 2.50 3.50 and many other,
free market economy, but all this coffeshops are cartel like and not forgetting gov increases, all way more than 2%.
Ok first how old are you? I started working in mid 2000s. That time cai png 2veg 1 meat is $3 near my office. Now the same cai png is $4.50. Really is 2%. Another way is you go see cpi that one cannot lie one.
 

Jay6789

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Ok first how old are you? I started working in mid 2000s. That time cai png 2veg 1 meat is $3 near my office. Now the same cai png is $4.50. Really is 2%. Another way is you go see cpi that one cannot lie one.
excuse me, people is talking about cai png 2.70 and suddenly after 2 gst increase, it becomes 4.50, not over so many years lah.
 

bluerhino

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excuse me, people is talking about cai png 2.70 and suddenly after 2 gst increase, it becomes 4.50, not over so many years lah.
Then how about the time when cai png never increase price for 10 years? 0% inflation? You take it that it never happened? Joker la you
 

zueinder

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Perfect Stockholm Syndrome power play. Create the abuse then now force the victim to be happy that the abuse has paused temporarily.
 

The_King

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Jay6789

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Then how about the time when cai png never increase price for 10 years? 0% inflation? You take it that it never happened? Joker la you
resorting to name calling is a sign of a paltry mind, no wonder agrees with what the msm dishes out.
 
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