Singaporeans' expectations of rising inflation ease with policy intervention: Survey

Headline inflation expectations continued their upward trend since September 2020. - ST

SINGAPORE (The Straits Times/Asia News Netwrork): Singaporeans' inflation expectations rose slightly for the year ahead, according to a latest poll, after monetary policy was tightened and new property cooling measures were announced.

Singaporeans in the December 2021 survey expect one-year-ahead headline inflation to inch up 0.1 per cent to 3.2 per cent. This compares to the September poll when the rate was expected to jump to 3.1 per cent from 2.7 per cent in the June survey.