pstrongSingaporeans' one-year-ahead inflation expectations have dipped to 4.2% in June 2024./strong/p pSingaporeans are split on future price trends, with 45.2% expecting a decrease and 45.
Singaporeans are split on future price trends, with 45.2% expecting a decrease and 45.4% predicting an increase in the next year, the June 2024 Singapore Index of Inflation Expectations Survey of DBS and Singapore Management University revealed.
Amongst Singaporeans expecting inflation to drop, 36% credit central banks' high interest rates, 32% attribute it to slowing global growth, and 22% to the resolution of supply chain issues. Overall, Singaporeans' one-year-ahead inflation expectations have dipped to 4.2% in June 2024 from 4.9% in March 2024.
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