Unless you’ve been living under a rock, you’ll know that everything from food and groceries to electricity bills and petrol has been increasing in price. That is the effect of inflation, which has been skyrocketing in Singapore since the start of 2022 and stands at 7% in July 2022. Source: Tenor While many of us are already feeling the brunt of inflation and complaining about $7.50 economic noodles at Kopitiam, many overseas are having it much worse. Thanks to inflation and poor governance, Sri Lanka is now facing a complete economic meltdown with many citizens trying to flee the country. Elsewhere, Zimbabwe is experiencing a whopping 257% inflation rate. Imagine “economic” noodles being priced at $50 instead! So, here’s a look at how Singapore is faring as compared to other countries so far when it comes to inflation.

TL;DR: Inflation Rate By Countries

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