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Inflation hit poorest households most in H2 2014

Published Fri, Jan 23, 2015 · 09:50 PM

Singapore

SINGAPORE'S poorest households were hit hardest by inflation in the second half of last year because of higher food prices.

As the bottom 20 per cent of households by income devote a larger share of expenditure to food, they felt the effects of higher food prices most keenly. For them, consumer prices rose by 1 per cent.

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Singapore

Inflation hit poorest households most in H2 2014

KEYWORDS IN THIS ARTICLE

Economy & Policy

Singapore factory output reverses into negative territory in March, down 9.2%

Singapore’s growth should strengthen to ‘around potential rate’, output gap to close by end-2024: MAS

Gan Kim Yong visits US and Canada; to mark 20th anniversary of US-Singapore FTA

NTUC aims to do more to support PMEs, who now account for nearly half its membership

Daily Debrief: What Happened Today (Apr 25)

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

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