Singaporeans spending more than income growth, lowest earners will suffer as inflation stays high: DBS study - TODAY

SINGAPORE — A study by DBS bank has found that the monthly expenses of its customers grew 22.2 per cent this May compared to May last year, which is twice that of their income growth of 11.1 per cent in the same period.

SINGAPORE A study by DBS bank has found that the monthly expenses of its customers grew 22.2 per cent this May compared to May last year, which is twice that of their income growth of 11.1 per cent i… [+2567 chars]

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