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Singapore's headline inflation eases to 0.1% in Oct, lowest since Dec '09

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Excellent work by the PAP. Kudos to the party for keeping inflation at bay.
 

krafty

Alfrescian (Inf)
Asset
why not if there is low inflation, growth will be slow and unemployment will be high. spore has been growing fast and there shouldn't be low inflation.

It does not seem so that recession is impending here.
 

krafty

Alfrescian (Inf)
Asset
i can only think of is that low inflation which means spore need more foreign investments, which is good in the long run. which also means current climate is no good. you will only feel impact of recession in 6 months life cycle. and from now to next june, business is bad.

Its much more complex than this.
 

frenchbriefs

Alfrescian (Inf)
Asset
Yes low inflation is bad,means people and businesses are not borrowing money to invest and expand means economy and housing market has stopped.
 

johnny333

Alfrescian (Inf)
Asset
The GE will probably be held in 2015 so I am suspicious of any good figures provided by the PAP. PAP is very good at massaging the data:o
 
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