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Feeling the pinch
Political cost of rising prices?
Some Singaporeans have been lamenting their money does not go as far as it used to. Insight checks out the issue of cost in the areas of healthcare, education, housing and food.
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CPI is a broad measure that tracks the prices of a weighted basket of goods, such as food, transport and utilities, and reflects the inflation experienced by households in day-to-day spending.
PHOTO: ST FILE
Ng Jun Sen
The Oh family earns a household monthly income of more than $10,000 - above the national median income of $6,913 excluding Central Provident Fund contributions.
"It is a decent wage for my family," says Mr Eric Oh, who left his job as a property agent in 2012 to look after his two sons, aged 12 and 14, and two elderly parents.
