Rising cost of living

Many things are getting more and more expensive, let me count what have gone up:

1) coffee
2) eggs
3) rice
4) petrol
5) school fees
6) dairy products
7) transportation
8) movie tickets (first Cathay, now GV)
9) Food Republic dough fritters and "hum cheen pang" ($0.70 to $0.90 = almost 30% increase!)
10) hotel room rates
11) medical fees
12) cod liver oil
13) diapers
14) many more...

The ones that are being hit the hardest are the lower-income earners. Will "someone" do something to help defray such rising costs?