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Stagflation nightmare – will prices keep rising even as a European war puts damper on economy?

About two to three weeks ago, Mr Kevin Soh noticed that milk powder for his two young children had become S$4 more expensive per tin. A 1.6kg tin for his three-year-old daughter, who consumes two tins a month, now costs S$66, up from S$62. His seven-month-baby son, meanwhile, uses three to four 850g tins a ...
Jurong West Singapore General United States United Kingdom Hartmut Issel Tharman Shanmugaratnam

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