Wow! 4.2%, beating last mth record high!
Nov CPI:
Mth-to-Mth: 0.6% (Last mth: 1.3%)
Yr-to-Yr: 4.2% (Last mth: 3.6%)
1st 11mths 2007: 1.9%
* SingStat-Nov CPI , AsiaOne-Nov CPI , AsiaOne-Inflation *
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Some pple's salary oni adjusted once a yr, but inflation is rising every mth. What's worse, if the annual increment is lower than inflation. Seems tt everything is back to Sq1, or is there really an improvement in living standards?
What a Merry Christmas!
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