Water-price is going to increase by 18% in the next two years, along with higher carbon tax, COE higher GST, public transportation, and even postage.
Just water alone, along with the penalties for higher water consumption for businesses, will trigger higher costs throughout the supply chain and sustain the inflation-spike in the next two years.
Singapore’s vanishing S$3 chicken rice stokes inflation angst
https://www.businesstimes.com.sg/si...ishing-s3-chicken-rice-stokes-inflation-angst
Just water alone, along with the penalties for higher water consumption for businesses, will trigger higher costs throughout the supply chain and sustain the inflation-spike in the next two years.
Singapore’s vanishing S$3 chicken rice stokes inflation angst
https://www.businesstimes.com.sg/si...ishing-s3-chicken-rice-stokes-inflation-angst