Inflation is Ridiculous

These days I experienced quite a number of food stalls with increased prices, even the economy rice near my house at Koufu Block 88 Tanglin Halt Rd also upped their prices.

Two veggies one meat SG$5.50, beef or pork same, two packets for SG$11.

I noticed that the helper was very carefully packing the food and trying his best not to give too much lol, must be instructions from the boss.

Even the stalls at hawker centre also upped their prices, noodle one packet SG$3.50 become SG$4.00.

Next year GST also increase, the year after also increase, GST increase 1% means everything increase by at least 10% or more, this is a historical baseline because the last time GST went from 5% to 7%, everything increased by 20-25% or more, anyone who lived through that will tell you it's true.

So SG$5.50 + 10% + 10% = SG$6.70 for a packet of two veggies one meat economy rice at heartland?

Or worst case SG5.50 + 15% + 15% = SG$7.30?

I think by the time my daughter start working, one cai png at heartland probably close to SG$10.00, GST 13% or something if this trend continues.



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