The Good News Times

Rock^Star SG

Is this what we Singaporeans want to read as they (PAP) would have us believe?

Let's analyse.

30 August 2007
Straits Times

Inflation gap narrows between bottom and top income groups

By Nicholas Fang

While prices for Singaporeans staged their biggest monthly increase in 12 years last month, people in the lowest income groups saw a far lower rate of inflation in the first six months of the year than in the same period last year.

Latest figures out yesterday show that the consumer price index (CPI) for the bottom 20 per cent of the population by income rose 1.1 per cent.

This compares with the 2.2 per cent rise for the January-to-June period last year.

The Department of Statistics (DOS) numbers also show that the gap between the inflation rates of this segment and the top 20 per cent of the population by income narrowed to 0.4 percentage point. This is the smallest difference seen in four years.

Prices for higher income households rose 0.7 per cent in January to June over the corresponding period last year.

Do you all see that the 'Lowest 20%' figures are always higher than the 'Highest20%' figures?

1) This means that the 'lowest 20%' income group have always suffered a worse inflation as compared to the 'highest 20%'

2) The duration in the report mentions only up to June. Why not include July when the GST hike took place? Then surely the inflation gap would not have been narrowed as claimed?

Welcome to the Good News Times, Propaganda machine. I'm sick of it.

de_middle SG

no wonder i feel so powerful suddenly Laughing

mochou SG

They choose what to tell, what not to tell. What to include in the calculation, what not to include.

Just like accounts, the same thing can be illustrated as very nice, can illustrated as very bad.

reddressman SG

Originally posted by Rock^Star:
Is this what we Singaporeans want to read as they (PAP) would have us believe?

Let's analyse.

[b]30 August 2007
Straits Times

Inflation gap narrows between bottom and top income groups

By Nicholas Fang
..............................
2) The duration in the report mentions only up to June. Why not include July when the GST hike took place? Then surely the inflation gap would not have been narrowed as claimed?

Welcome to the Good News Times, Propaganda machine. I'm sick of it.[/color]
[/b]

You brought up a valuable observation. Thanks!
But I think people still accept regardless.
They accept everything. Past, now and the future will be so.
This phenomenon is more unexplanable than UFO.

spinsugar SG

*wrinkles nose* The only useful section in those ratty papers is Classifieds / Recruitment. Gave up on the so-called main sections a long time ago.. Laughing

Poh Ah Pak SG

Singapore mainstream media is good for pro-PAP, pro-Singapore regime propaganda; if you want serious political analysis or articles critical of local policies, it is worthless.

Try internet websites instead.