Wednesday 4 July 2007

price increases....

from 1st July 2007, goods and services tax (GST) in singapore was raised to 7% from 5%. Net increase was 2% but somehow quite a few items became more expensive by more than 2%...

cig prices were raised by 40 cents across the board ....it could be due to the higher GST and could be due to higher raw materials......not too sure about that......fact is, more expensive by 40 cents....

some hawkers and drink stores have raised prices as well............petrol prices have gone up correspondingly by 2% for GST....

i wonder what's next.....let's keep our fingers crossed......

taxi fares? bus and train fares?

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