Singapore Consumer Prices Rise More Than Expected In May

[SNAblog]

http://www.dailymarkets.com/release...nsumer-prices-rise-more-than-expected-in-may/

Singapore Consumer Prices Rise More Than Expected In May

(RTTNews) - Singapore consumer prices rose 3.2% in May from the previous year, on account of higher costs of transport, housing and food, data from Department of Statistics showed Wednesday. Economists were expecting 3% increase. Excluding accommodation costs, the consumer price index moved up 4.3%.

Transport cost advanced 15% as a result of higher prices of cars and petrol. The 1.6% rise in housing cost was due to higher electricity and gas tariffs. Reflecting dearer prepared meals, vegetables, chilled meat, rice and other cereals as well as fresh seafood, food prices rose 1.3%.

Consumer prices were up 0.6% in May over April due to higher costs of transport and housing. Excluding accommodation costs, prices grew 0.6%.


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[no_faith]

this is not a gd news.

hw dey justify the price rise when:
-companies are cutting costs
-no wage increment
-no bonus
-a huge junk of FTrash grabbing jobs from us
-boss comparing wages expectation between FTrash and us
-boss reduce salary budget to employ staff

best of all, why our beloved govt wans us to feel inferior facing the FTrash?

:oIo:

 

[Watchman]

The PAP government engineered this to defeat us .

We already accepted low pay no increase , wage cuts, job loss , slavery conditions .

Yet they repeated crush us with policies .

The poor are screaming out loud .

 

[no_faith]

we all know no matter how loud the poor shout, it is useless.
is our govt acting dumb n deaf?
imo, the govt might feel pity that there are no deserted island they know of which can dump us there and shut us down.

:oIo:

 

[Whats4]

sinkies deserve all this shit. serve them right for voting pap. :oIo::oIo::oIo:

 

[Devil Within]

I am all for a non-welfare state! If gov were to take over welfare, you will have to deal with all the gov bureaucracy in order to get help. I prefer free market principle and leave the welfare to the private charitable organisation to run the charity.

All those who want a welfare state, just ask yourself, do you think you will get free food like what the Buddhist group are doing in the video if gov were to take over? Do you know how many forms you will need to fill in order to get even $1 from gov run welfare organisation? Don't be a fool to think that gov run welfare will be better than privately run charity.

You are only giving them excuses to collect more taxes to pay their bureaucrats millions for running these welfare department. Think about it!

 

[BBBBBB80]

We must ask ourselves why is it the FAP gov need to "help" the poor people by using workfare and other such nonsense?

It simply means that the market wages at the lower end is simply too unrealistic and could not let them eke out a decent living.

 

[Watchman]

We must ask ourselves why is it the FAP gov need to "help" the poor people by using workfare and other such nonsense?

It simply means that the market wages at the lower end is simply too unrealistic and could not let them eke out a decent living.

Those stupid labour " help" job scheme and re-training are a CRIME to humanity .
They are actually helping themselves to the money .

You should instead give the money directly to the poor .

Don't waste any more time with the stupid red tape and government inefficiencies .


Singaporeans need to wake up and screw the inefficient government really hard !