smurf:do you think your salary has increase by so much? so that it can 'fight' the increase in prices???
example, inflation rate is 10% semi-yearly, do you think your salary has increase by 10%? if your salary increase by only 5%, do you think you got a decrease or increase in pay?
sorry ah, moi ingrish not powderful, so I dunno how to describe. maybe someone can express better...hee...
I am not exactly sure, but I always suspect those \"official\" inflation rates published can be misleading. For example inflation rate is expressed by per quarter, so, does that mean that if the price index in this quarter compared to the last quarter had increased by 5%, and if you extrapolate for the full year, using simple multiplication (not even compounding), inflation for the full year will be 20%? If this is so, then, it explains why a loaf of gardenia bread shows a 1.85 - 1.25 or 48% simple increase from 2009. Our income gets an annual increment, so, it can never catch up. Maybe an economist out there can help to enlighten me. Thanks in advance? :?
:rotflmao: