OCBC Fixed Deposit

24% INCREASE IN BANANA PRICE

Dear readers, yesterday, I felt the effect of a large inflation once again.

I used to procure a certain brand of banana from a popular supermarket chain here in Singapore.

The bananas are crunchy and cost only $1.25 for 4 pieces of bananas in general.

Yesterday, I was shocked to discover that the same packet of bananas now costs $1.55.

$1.55 is equal to $0.30 or a 24% increase in the price of the bananas.

Again, the effect of inflation which I encounter on an almost daily basis.

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