The signs are out there. It would have been impossible to avoid them had one even wanted to.
Utility bills have crept up. Weekly groceries bills come up to twice as much as they used for roughly the same number of items. And if you happen to be paying the same price for an item as you used to, say a year ago, you discover you are not getting as much bang for your buck.
Like making do with smaller portions for the same price at your favourite food stall.
Faced with such day to day examples, many families in Singapore may not have batted an eyelid when the inflation rate came in at 5.40 percent for April 2012.