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


在高石油及食品价格的推动下,新加坡5月份的通货膨胀率料再创26年的新高,由于邻近国家的燃油价格走高,未来几个月新加坡的通胀率看来会上升



Translation:
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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