, Singapore

Chart of the Day: Singapore’s CPI to drop even further in 2015

Amid weaker oil prices and lower property prices.

Domestic cost pressures have continued to build up as a result of tight labour supply and strong demand for workers. Indeed, the seasonally adjusted overall and resident unemployment rates were low at 2.0% and 2.8% respectively in 1H14, according to a report by OCBC Investment Research.

DBS adds that this has led to sustained wage pressures and continued pass through of costs to consumer prices. However, this pass through has been uneven across sectors, and along with easing property prices and cost of private road transport, the CPI-All items inflation rate has dipped below the core inflation rate.

Looking ahead, though the CPI-All-items inflation rate may drop even further with weaker oil prices and lower property prices, core inflation is expected to remain firm at 2-3% in 2015.  

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.