Inflation rate at 3.6%. That was reported 2 weeks ago. Is it really true? Has the figure been deflated?
Just check out the rise of the petrol prices, it’s definitely more than 3.6%. Yesterday reported that cab fare is going to raise from $2.50 to $2.80, a 12% increase. Curry puff at Old Chang Kee went from $1 to $1.10, a 10% increase.
Consumer products hike by more than 10%. And many are hoping that the government will help. Of course the government will help. Let think again, if government is to help, they have to cough out money from somewhere. This money will come from where?
Did you realize a recent hike of ERP? $0.50 more! Is it more than 10%? I don’t know; drivers, you calculate.
With all these hikes, I am wondering a true figure…
