Source: tradingeconomics.com
As you can see, Singapore’s inflation rate over the last ten years has been mostly between 2-4% ......Love it or loathe it, the CPF is something that all Singaporeans and PRs have to accept as a way of life here. While there have been many vigorous discussions about our CPF in recent years, we’ll leave that aside because we’re a finance & investment site. So let’s focus on how the CPF works for you at a personal finance level.
As an investment site, we focus mainly on one thing: How can we as investors earn higher returns on our money? Now there are many ways of investing to generate the returns you want but the first objective as an investor is to make sure your returns are at least able to hedge against inflation.
So what is the inflation rate in Singapore over the last ten years?