, Singapore

High structural inflation is here to stay: DBS

Singapore has to accept the harsh reality.

According to DBS, domestic inflationary pressure is expected to remain higher than usual. Even if the drop in COE premiums were to bring about a significant easing in the headline number, other fundamental drivers of inflation and their effects will continue to be felt on the ground. 

Such inflation pressure is structural in nature and will prove to be more persistent than its cyclical form.

"High structural inflation is here to stay. This is part of the transition cost that the economy is bearing as it seeks to restructure and wean itself from the dependence on low-waged foreign labour," DBS said.

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.