AFP
27 Apr 2008
SINGAPORE (AFP) — From taking fewer taxi rides to eating out less and shortening shower time, residents of affluent Singapore are trying to cope with inflation, which has soared to 26-year highs.
Rising costs of housing, food, and transport have eaten into family budgets of Singaporeans as well as the large number of expatriates working in the city-state, consumers and analysts said.
Except for the ultra-rich, the impact of the sharp price increases has cut across social classes in one of Asia's wealthiest nations, they said.
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