Singapore Inflation Climbs To 14-Month High

Do you have the slightest idea what inflation is? It is being explained as "rise in the general level of prices of goods and services in an economy over a period of time" or "in inflation everything gets more valuable except money".

What concerns us here is that Singapore's inflation rate last month has exceeded most analysts' expectations and hit a 14-month high, climbing 3.2 percent from a year ago. Read the article extracted from mypaper for more information