The black white talk of a State's Times Economics reporter

[Leepotism]

Weak Singapore dollar a reason inflation's high

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By Aaron Low, Economics Correspondent
A combination of persistently high car prices and a weaker Singapore currency is keeping inflation stubbornly high, even as economic growth slows down.
The consumer price index (CPI) eased slightly to 5.4 per cent in October from last year - the fifth consecutive month that inflation has exceeded 5 per cent, according to the Department of Statistics (DOS) on Wednesday.
The good news is that inflation should ease off into the new year as the weaker global economy results in lower demand for commodities, said economists.
October's rise was mainly due to pricier accommodation, private road transport and food, said DOS.

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  [TD="class: dsq-comment-header-meta, bgcolor: initial"] <cite id="dsq-cite-371286093" class="dsq-comment-cite" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-weight: bold; font-style: normal; font-size: 15px; line-height: 1.6em; font-family: inherit; vertical-align: baseline; border-style: initial; border-color: initial; float: none; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; display: inline; width: auto; max-width: none; background-position: 0px 50%; ">Simon Poon </cite>3 hours ago [/TD]
  
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  read this:
  
  http://andrewmichaelteo.wordpr...
  
  
  
  
  
  ​
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  [TD="class: dsq-header-avatar, bgcolor: initial"] [/TD]
  [TD="class: dsq-comment-header-meta, bgcolor: initial"] <cite id="dsq-cite-371264760" class="dsq-comment-cite" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-weight: bold; font-style: normal; font-size: 15px; line-height: 1.6em; font-family: inherit; vertical-align: baseline; border-style: initial; border-color: initial; float: none; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; display: inline; width: auto; max-width: none; background-position: 0px 50%; ">Guest </cite>4 hours ago [/TD]
  
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  WTF? Does the neanderthal who wrote this article have a
  self-consciousness?
  
  
  
  So inflation was low when Sgd was @ 1.20? WTF? And to top it off, when Sgd
  was at its low in Sep, COE was ~60K, today it's 77K, so are you saying the COE
  prices will continue to increase cos Sgd is weak? And that contributes to
  inflation?
  
  Car prices will not increase cos Sgd is weak. On the contrary, if the Sgd is
  stronger, exporters are more likely to increase prices to cover for the loss in
  FX.
  
  
  
  FX as a monetary policy is irrelevant to begin with. Use your brains before
  writing.. oh i'm sorry, I forgot you don't have one...
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  [TD="class: dsq-comment-header-meta, bgcolor: initial"] <cite id="dsq-cite-371307838" class="dsq-comment-cite" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-weight: bold; font-style: normal; font-size: 15px; line-height: 1.6em; font-family: inherit; vertical-align: baseline; border-style: initial; border-color: initial; float: none; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; display: inline; width: auto; max-width: none; background-position: 0px 50%; ">chummalogy </cite>2 hours ago in reply to Guest [/TD]
  
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  LOL. Only the very daft will read and agree with this LAME article.
  
  
  
  
  
  ​
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  [TD="class: dsq-comment-header-meta, bgcolor: initial"] <cite id="dsq-cite-371236993" class="dsq-comment-cite" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-weight: bold; font-style: normal; font-size: 15px; line-height: 1.6em; font-family: inherit; vertical-align: baseline; border-style: initial; border-color: initial; float: none; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; display: inline; width: auto; max-width: none; background-position: 0px 50%; ">Guest </cite>5 hours ago [/TD]
  
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  SGD has fallen 7.5% against USD in the past 3 months, if that's what the reporter is pointing at
  
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  [TD="class: dsq-comment-header-meta, bgcolor: initial"] <cite id="dsq-cite-371210924" class="dsq-comment-cite" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-weight: bold; font-style: normal; font-size: 15px; line-height: 1.6em; font-family: inherit; vertical-align: baseline; border-style: initial; border-color: initial; float: none; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; display: inline; width: auto; max-width: none; background-position: 0px 50%; ">Guest </cite>6 hours ago [/TD]
  
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  The reporter is very economical with the truth. He should show figures & reference of comparison when he states "weaker Singapore currency". What or when he is comparing to? Trying to hide something?
  
  
  
  

 

[Cruxx]

"Straits Times reporter" is an oxymoron.

 

[vamjok]

i bet he graduate from our world class uni NUASS

 

[red amoeba]

there r always xcuses to wipe off high inflation...xcept the fault of the policy makers.

 

[Cruxx]

If there is no inflation, then I worry.

 

[Leepotism]

If there is no inflation, then I worry.

If the State's Times does not misreport, then I worry.

 

[Leepotism]

there r always xcuses to wipe off high inflation...xcept the fault of the policy makers.

Yea, it never has been PAP's fault. Never their fault for they are not paid $millions for nothing.