Sunday, November 04, 2007
Inflationary Pressures
Today, The Sunday Times published an article on the inflationary pressure cause by the rising price of wheat. Many folks in Malaysia are cutting down or shopping in lower price retail outlet even though it is more incovenient with longer queue. A family can save RM300 per month shopping in Price Chopper instead of Premium Mart. One family stopped eating out on the weekend and save RM200 per month. Life is getting tougher and tougher with standard of living deteriorating with inflation. Income is not keeping pace with inflation. This is bad news for ordinary folks like us.
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2 comments:
Singapore is worst. Everything has gone up in prices.Blame the arabs for raising the price of Oil! This triggers all other price increases.
BT :(
We should invest in Solar Energy. This should be the future of the world. Inflation is making everything so so expensive. BL
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