Friday, June 20, 2008

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Singapore Inflation Will Continue to Rise in the months ahead

Here's the harsh reality: High food and oil prices are here to stay with Singaporeans.

石油及食品价格上升 5月通胀率料再创26年新高 - Zaobao news, 21 June 2008


Under the pressure of soaring oil and food prices, Singapore's inflation hit 26-year high in May. With increase in fuel prices in the neighbouring countries, Singapore's inflation is expected to continue to rise in the months ahead.

May also want to read:
History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
Smart Buyers, 10 reasons to wait
Property Price Index Graph Plotter & Online Property Valuation


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The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

Smart Buyer :)