Added Jan 25, 2023
5 min 15 sec
Top earners bear the brunt of Singapore’s rise in prices in 2022
Abstract
Top earners bore the brunt of rising consumer prices in 2022, as inflation across all income groups in Singapore was driven by higher costs of things such as food, accommodation and electricity. CNA spoke to Professor Sumit Agarwal, Professor of Finance, Real Estate and Economics at NUS Business School, on this issue.
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