Inflation rises to 2.9% - highest since December 1994

I just saw a dun know wat u call fm CPF.
There's a retirement calculator.
Then there's many field that u have to fill in.
then the inflation part prompted me to check further.

n boy, am i surprise!!

here's wat i found out...

Inflation rises to 2.9% - highest since December 1994
Inflation in Singapore faces its biggest increase since 1994. Consumer prices rose by 2.9 per cent last month from a year earlier as the effects of the goods and services tax (GST) hike continued to set in. Economists are predicting that inflation could pick up in the months ahead, with crude oil prices at record highs.

full news at http://www.straitstimes.com/Free/Story/STIStory_161106.html

and here's the CPF calculator that i'm talking abt.
http://www.cpf.gov.sg/cpf_trans/rnr/index.htm