Rice to bananas: How inflation has affected the prices of 5 grocery items in Singapore

Singapore has not been spared from rising prices worldwide, with its small and open economy that is reliant on global trade. ST PHOTO: KUA CHEE SIONG
New: Gift this subscriber-only story to your friends and family

SINGAPORE - The spectre of rising inflation looms large as global economies bounce back from the troughs of the Covid-19 pandemic and the supply chain crunch wears on.

Singapore has not been spared, with inflation hitting an eight-year peak in October - 3.2 per cent on a year-on-year basis - partly due to costlier cars and higher housing rents.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

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