Wednesday 13 February 2013

Singapore Wages May Worsen Fastest Rich-World Inflation: Economy

Singapore has the highest inflation rate among 27 economies with GDP of at least $100 billion and classified by the International Monetary Fund as advanced. Price gains on the island of 5.3 million people have reached 4 percent or more every month bar one since November 2010, more than double the 1.9 percent average in the past two decades.

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