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Daily Archives: 2007-11-13

High cost of living? Buy cheaper products, says minister

By Choo Zheng Xi Recent price hikes have prompted several members of Parliament to voice their concern about increasing cost of living, especially with respect to basic necessities. In the third quarter of 2007, the consumer price index (CPI) rose by 2.7% year-on-year, compared to 1.0% in the second quarter and 0.5% in the first quarter. Inflation is projected to …

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