SINGAPORE: The pain from surging inflation can turn something as desirable as economic growth or its potential into a subject of controversy.
So when policymakers refer to the fact that Singapore’s economy is operating “slightly” above its potential, conclusions are drawn that the economy is probably overheating – that is, growing at an unsustainable rate, which will trigger runaway inflation.
Already a subscriber? Log in.
Subscribe now for a chance to win your dream holiday!
![](https://cdn.thestar.com.my/Themes/img/sub_paywall_TSM.webp)
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!