The company’s Petrol Index 2022 shows that this year, on an average salary, Singaporeans could afford 1,420 litres of petrol. Last year, it was 2,037 litres.
A new study has shown that this year, Singaporeans can buy 617 fewer liters of petrol than last year, based on the average wage, due to the increase in fuel prices.
The study also shows that in contrast, Malaysia experienced no price increases for petrol so far this year. Shockingly, the price of fuel in Hong Kong, which was USD 3 per litre when the report was published, is the highest not only in the Asia-Pacific region but all over the world.As for how much petrol a monthly average wage can buy, Singapore may not be doing too badly.
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