Lower income S'poreans not as badly hit by inflation in 2nd half of 2007

[Meecar]

http://news.asiaone.com/News/AsiaOne%2BNew...0324-55894.html

 

THE lower-income households in Singapore were not as badly hit by inflation as those in the middle and higher-income groups in the second half of last year, according to latest data on the consumer price index released by the Department of Statistics (DOS) on Monday.

 

so does that mean poor sillyporeans like me should go out and celebrate and turn to the middle and higher income class ...WE BEAT YOU THIS TIME

 

There you go, no complain this time we are very very happy now

[Pentium]

All kind of nonsense. So we say rolex increase the price by 15% and it is better off being in lower income group because the price increase did not affect us as we are wearing Casio???

 

So the lower income must be damn fortunate because of lower inflation, as they have no cars, no holidays, no luxury items. They must be counting their blessings to be in this category.

Edited March 24, 2008 by Pentium