Ooh, I found the blinking sign!
Singapore headline inflation reaches a 13-year high of 7% due to the surge in the prices of basic necessities such as food and energy.
Also, the U.S. inflation rose to 8.5%, even thou it was lower than the 9.1% in Jun 2022.
In the Euro Area, the annual inflation rate was at a new record high of 8.9%, with the European Union annual inflation at 9.8% due to the record energy prices caused by the war in the Eastern Europe.
This seems to be the blinking sign that inflation will be going up, up and up, just like the song 'Up!' by Kep1er 케플러.
From YouTube
Part of the lyrics from the song:
Ooh, I found the blinking sign
Ooh, Kep1 up, up, up, up, up
sign beckoning to us.
Ooh, I found the blinking sign
Ooh, Kep1 up, up, up, up, up
sign beckoning to us.
So, do you think that the inflation will go up to become double digits by 2023?
Always remember to DYODD (Do your own due diligence) when making any kind of investment.
* All inflation data based on July 2022.
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