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» Wage hike = inflation, salary increment no inflation
Wage hike = inflation, salary increment no inflation
The workers are scratching their heads again. Why wage hike will lead to inflation and salary increment will not? Very simple. The answer was given in the ST a few days ago. Singapore’s inflation rate hit a high of 5.2%. But this inflation rate will not affect the workers because hor, it only affects the rich who buy expensive cars and pay high COEs or expensive multi million properties. The





