Wednesday, 23 April 2008

Was your last increment at least a 6.7% to counter this?


SINGAPORE: Singapore's consumer price index (CPI) in March went up by 6.7 percent from a year ago.

The Department of Statistics said the rise was due largely to higher costs of food, transport and communication, and housing.

The CPI for the first quarter of this year was 6.6 percent higher compared with the same quarter of previous year.

On a seasonally adjusted basis, the CPI in March was 0.3% higher compared with February.

Singapore's inflation rate has been hovering at its highest level in 26 years.

Earlier this month, Trade and Industry Minister Lim Hng Kiang said the inflation rate is expected to go down in the second half of this year.

The government's forecast for inflation this year ranges between 4.5 percent and 5.5 percent.

AND: I just hope that the campaign costs does not come to us....

NEA to promote energy efficiency to over one million households

SINGAPORE : The National Environment Agency (NEA) is launching a campaign to get households to reduce the amount of electricity used.

It says households use 78 percent more electricity now, compared to 12 years ago.

The 'Energy Challenge Campaign', which will be launched at Suntec City on April 26, targets 1.12 million households.

NEA says households can play a key role in Singapore's drive to reduce carbon emissions and mitigate climate change

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