SUBSCRIBERS
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Singapore factory output reverses into negative territory in March, down 9.2%
Tripartism and trust will help Singapore navigate a world ‘fraught with uncertainties’: Tan See Leng
Daily Debrief: What Happened Today (Apr 26)
Singapore must prepare for slower growth at higher costs: MAS
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Singapore’s growth should strengthen to ‘around potential rate’, output gap to close by end-2024: MAS