Toilet paper prices soared 49% in Singapore, the second most expensive in the world
Affected by the epidemic, all aspects of our lives have been affected. Especially daily necessities play an essential role in our life.
Now, there is a group of price data that causes controversy. The price of toilet paper in Singapore soared by 49%, nearly half of which became the second most expensive in the world.
In the four weeks of March and April, a pack of four rolls of toilet paper in Singapore rose from an average of $2.15 ($3.04) to $3.20 ($4.52) in a month, according to finder.com.
Prices soared 48.84%, and nearly 49% of the increase made toilet paper the most popular commodity in Singapore.
It is 16 times higher than the global average (3.37%), which makes Singapore the second highest price rising country among 90 countries or regions in the world.
The only country with a large price increase was Norway, which jumped from $2.71 (S $3.83) to $4.54 (S $6.41), up nearly 68%.
Other countries with significant price increases include Cyprus (35.88%), Austria (33.85%) and Malaysia (32.26%).
Among all continents, Asia saw the highest average price increase, with four rolls of toilet paper rising 7.56%, from an average of $1.91 (S $2.70) to $2.06 (S $2.91).
Post time: May-18-2020