Food is pricier now than two years ago. This is confirmed by the food inflation rate released officially by Monetary Authority of Singapore (MAS) for April 2023 and April 2022.
| Date | Food CPI (%) | Cost of Food ($) | Cost increase (%) |
| April 2021 | —- | $5.00 | —– |
| April 2022 | 4.1% year-on-year | $5.205 | ——- |
| April 2023 | 7.1% year-on-year | $5.575 | 11.5% |
A $5.00 food we ate in April 2021 is now costing $5.575 (about $5.60) based on 11.5% rate of increase in Food Inflation over two years.
Food we eat is essential and is not discretionary. 11.5% jump hurt my pocket since I am no longer working for a living.
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