Singapore Inflation

Table of Contents





1. Introduction2
2. Economics motion of pretentiousness in capital of Singapore over the last five years2
2.1 commentary of inflation2
2.2 Economics performance3
3. Impacts to the future economics performance8
3.1 Main contributors of the inflation8
3.2 Impacts on the economy8
3.3 Governments control of the inflation10
4. Conclusion10
References11




1. Introduction
pretension in Singapore impart be discussed in this report. First, inflation will be defined and contrasting types of inflation will be analyzed. Consumer harm index will be used to measure the inflation rate is this report. Then, in the second part, the detailed performance of inflation, CPI, will be shown in tables and graphs. The fluctuations of CPIs and relationships between each item will be illustrated. In the third part, we will discuss how inflation impacts the future performance of the economy and how the government will shake a line to control the inflation rate. Finally, there will be a conclusion of the whole report.

2. Economics performance of inflation in Singapore over the last five years
2.



1 Definition of inflation
Inflation refers to the rise of the general level of prices for goods and services and the falling of acquire power over a stopover of time in an economy. Inflation rate is used to measure the price inflation. Consumer cost Index (CPI) is commsolely used to measure the degree of inflation. It is a measure of the price turbulences in a fixed ring of services and consumption goods commonly consumed by citizens over time. The pickax of goods and services and their weights are kept same with the base period in order to make sure that the changes of CPI only reflect the price changes. (Department of statistics Singapore, press release Singapore CPI, 2012)

thither are five main types of inflation according to the different causes. First is demand-pull inflation, which occurs when there is excessive demand for goods and services. The prices...If you want to get a full essay, order it on our website: Orderessay



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