Well, some tell me inflation in Malaysia is actually between 7 and 8%, not sure how those figures were obtained. But how many of us actually believe that inflation in malaysia is below 3%? Petrol price increased 50 sen in last three years, but still under control. But prices of many foodstuff (raw and processed) has increased tremendously. We are getting less for the same amount of money we spend. the mee goreng portion looks smaller, the teh tarik looks lighter.
But i understand that cost of things in Singapore is also increasing steadily. they are affected by the global prices increases as well.