Does inflation mean consumers have to keep paying more?

Controlling spending and focusing more on needs are essential at such uncertain times. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Inflation does not mean consumers have to accept higher prices and resign themselves to having lower purchasing power.

Hedging against inflation is easier said than done but people can take a multi-pronged approach to protect themselves, said Singapore Management University (SMU) assistant professor of finance Aurobindo Ghosh.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.