You won't believe how much Singaporeans' salary increased in 2012

It's a measly growth.

According to the Ministry of Manpower, income growth moderated in 2012, amid the weaker economic conditions. The median monthly income from work (including employer CPF contributions) of full-time employed residents rose by 7.1% over the year to $3,480 in 2012, down from the growth of 8.3% in 2011.

Accounting for inflation using the Consumer Price Index (CPI) for all items, real median income growth moderated to 2.2% in 2012 from 2.9% in 2011.

Adjusting for CPI excluding imputed rentals on owner-occupied accommodation (which do not involve actual expenditures), the growth in real median income (including employer CPF contributions) was 3.3% in 2012, compared with 3.9% in 2011.