Inflation in Singapore expected to peak in Q4 and stabilise: DPM Wong

Deputy Prime Minister Lawrence Wong noted that the rates Singapore had been used to over the last decade or so. - ST FILE

SINGAPORE (The Straits Times/Asia News Network): Inflation in Singapore is expected to peak in the next two to four months and will start to ease thereafter, said Deputy Prime Minister Lawrence Wong.

But Wong, who is also Finance Minister, added that the extent of this easing towards the year end and where the new inflation rates will stabilise at are big uncertainties.