Big Mac Index & Inflation

[phantom_opera]

2003 (USD)

US 2.65
Singapore 1.90 (SGD3.23)
Hong Kong 1.44
China 1.20
Taiwan 2.0
Britain 3.19

2013 (USD)

US 4.37
Singapore 3.64 (SGD4.50)
China 2.57
Hong Kong 2.19
Taiwan 2.54
Britain 4.25

Singapore Big Mac has inflated by 40.2% in 10y in local currency term

worse in the US, Big Mac up from 2.65 to 4.37, inflation of 65%

of course China is jaw-dropping

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http://newnation.sg/wp-content/uploads/80s-stuff-11.jpg

[phantom_opera]

http://newnation.sg/wp-content/uploads/80s-stuff-76.jpg

[phantom_opera]

http://www.tremeritus.org/wp-content/uploads/2013/04/Tariff-VS-fuel-price.png

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FAO food price index

http://www.fao.org/fileadmin/templates/worldfood/images/home_graph_3.jpg

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http://www.fao.org/fileadmin/templates/worldfood/images/home_graph_2.jpg

it is more costly to eat a healthy diet

[phantom_opera]

cost of education SG, Australia, US and uK

http://wm.aia.com.sg/mm/pdf/aia_edufunding_flyera4_v2.pdf

[eng81157]

i believe the info is meant for singaporeans who want to compare costs of studying in singapore v overseas.

australian, US and EU citizens pay about the same or less out of pocket as compared to SG