Economy

Chart of the Day: Inflation accelerates to a sizzling 5.4% in March

Prices of basic goods have been on an uptick since February last year. 

Inflation picks up in March at 5.4%

It accelerated due to higher private transport, food, and services inflation.

Government inks deal with New Zealand to boost food, trade innovation

The deals seek to boost bilateral trade and develop sustainable food innovations.

Gov't to counter growth, inclusion, and sustainability challenges in 3 ways

Finance Minister Wong describes the plan as "ambitious" but possible.

Inflation to reach 9-year high of 4.1% in March: poll

The DBS and SMU report found that overall headline inflation expectations rose to 5.7%.

More Singaporeans prioritise livelihood over life, survey shows

The livelihood over life debate ratio was at 3.3.

What now? Analysts lay their forecasts following Q1 GDP reveal

They still predict growth for 2022 but warn of inflation threats.

Core inflation expected to come in 2.5%-3.5% in 2022

Consumer price inflation will also be raised by more than previously anticipated.

GDP sees moderate growth at 3.4% in Q1

This is as MAS tightens monetary policy and raises inflation forecast.

Singapore and Chongqing strengthen bonds in finance, information, transport

Both agreed to explore opportunities in the digital and green economy. 

Market participants expect MAS to recenter upwards sans slope increase

They also expect possible additional tightening of the policy band.

MAS’ band widening is still unlikely: Standard Chartered

But risks such as inflation globally cannot be ruled out.

Banks can ‘grind higher’ amidst FFR hike, border reopening: RHB

Singapore’s benchmark interest rates have risen since the start of the year.