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Singaporean expects headline inflation of 4.6% in the coming year, reaching an 11-year high
The continued deterioration of the Russian-Ukrainian conflict and supply chain disruptions have led to soaring prices, with singaporean expecting an overall inflation rate of 4.6% over the next year, the highest level in about 11 years.
The survey interviewed 500 people and reported that despite government policies to mitigate the impact of the pandemic, local consumers believe that the Covid-19 will have some negative impact on our economic development given the global uncertainties and economic disruptions. The consumers surveyed also believe that even if they cut back on spending, it would still be slightly higher due to higher prices.
When it comes to the main reasons for the general increase in prices, some 29.7% of consumers cited the impact of the ongoing conflict between Russia and Ukraine, 23.7% cited supply chain disruptions as the main cause, and 23.5% cited the impact of the easing of epidemic measures.
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Felayt OP : What do you think has gone up in price the most in the past year?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Young broccoli Felayt OP : chicken defiantly! Due to export ban by Malaysia, fresh chicken price up up up![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
tinymonster1987 Young broccoli : Right :)
polite Squirrel_3021 : everything has gone up except my salary. lol![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Felayt OP polite Squirrel_3021 : sad sad, same![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Giovanni Ayala : Goodmorning
LEGEND OG : The war has caused inflation to go rampant among other factors. Namely Hedge Funds and Market Makers that continue to over leverage everything they have to continue shorting stocks. Well I have always known that their day is coming to meet their maker. Banks will tumble and a Great Reset shall be put in front of us. Now will we make that same mistake for a 3rd time in a row and cause the downfall of the United States???? I certainly hope not but only time will tell. This corruption is not only in our markets but it has made its way into every sector of our government. All need to leave quietly or be prepared to feel the war crys of millions of citizens that want them out.
LEGEND OG Felayt OP : eggs out here in AZ. Used to 2.25 a dozen a little more than a gallon of milk. a dozen now cost 5.89. that's ridiculous.
Felayt OP Giovanni Ayala : good morning![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Felayt OP LEGEND OG : the prices have been so horrible lately. it can be considered as a diet lol
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