Singapore core inflation inches up to 0.7% in December

[knnb40]

Singapore core inflation inches up to 0.7% in December

Food inflation edged up to 1.8 per cent year-on-year in December, from 1.7 per cent in November, due to a faster pace of increase in the prices of non-cooked food and prepared meals.

Could this be due to the announcing fo the coming raise is GST ?

The cost of retail goods fell by 0.7 per cent year-on-year in December, steeper than the 0.5 per cent fall in November.
This was because the costs of recreation and entertainment goods and clothing and footwear registered larger declines, negating the rise in the prices of personal care products.

could this be the people is not earning sufficient to spend on other than basic food and public transport ? no extra money to spend ?

 

[bobby]

If our inflation rate is so low...then why the CPF min sum always go up by so much?

 

[knnb40]

If our inflation rate is so low...then why the CPF min sum always go up by so much?

I am not sure, maybe one of you good with math or economic can assist with this answer.
the layman way I see, they want us die rich so that they can tell the world how successful they are.