Earthtimes.org, 23 Mar 2009
Singapore - Singapore's poorest were hit hardest by rising prices for food, housing and electricity in 2008, as the city-state's inflation climbed to its highest level in 28 years, data published by the Department of Statistics on Monday said. Singapore's consumer price index (CPI) for general households rose by 6.5 per cent in 2008, the highest level since 1981 when it came up to 8.2 per cent.
It was more than triple the 2.1-per-cent increase of 2007.
For 2008, Singapore households in the lowest 20 per cent income group experienced the highest inflation rate of 7.4 per cent.
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