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Inflation hit poorest households most in H2 2014

Saturday, January 24, 2015 - 05:50
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Singapore's poorest households were hit hardest by inflation in the second half of last year because of higher food prices.

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

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