Thursday, January 10, 2008

CNY is coming

Chinese new year is looming nearer now. It's only 4 wks away but I notice the surrounding nowadays are much quieter than before. Is this a sign of economic slow down? Has the 'invinsible' inflation taken its toll and now that people are more calculative and careful with their spending?

Over the last 2 years, neccessary items for CNY is getting higher and price wise is keep increasing all the time. This scenario is in total different direction mentioned by our ministers that our economy is still good and that inflation rate is at its minimum and lowest rate.

Speech is baseless, and fact is there for all to see. As a smart consumer, we all know things are much different now as compare to previously, and that everyone also have their own tight budget. That is why we are now experiencing late late last minute rush to buy things for all festive seasons, not only CNY.

But what can we do? Prices keep on increasing yet salary increase rate will never catch up with the inflation rate, let alone higher

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