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High inflation in Singapore: Why is it biting us harder this time?

Deep Dive

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Are We Going to Get Worse?

For es ames, in all, theve had basely everything thrown at them in the last two and a half years or so. So if things are going to get worse still, then, you know, i mean, we cant have on a almost be managing our expectations. And this will affect businesses as well. Because as to mes, especially the smaller ones, they are ready finding it hard to keep absorbing costs with their man power. At some point they cod have to increase prices and pass it on to consumers as well to keep a decent profit.

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