Singapore inflation

RHB and UOB said this is a precautionary measure if core inflation accelerates.

It came in lower due to the moderation in private transport inflation.

This is followed by retirement plans and investments.

Around 35% are reducing out-of-home dining/restaurants.

This projection excludes 2023 goods and services tax impact.

It came in lower due to the moderation in private transport inflation.

Real household spending is expected to grow by 2.28%.

Inflation offset salaries by 1.7% in real terms this year.

There are lower commodity prices seen in Brent crude.

This is an increase from 5.1% growth in August.

Experts expect a double-tightening of the Singdollar gradient.

Yearly inflation rate went up quickly since the start of 2021.

Their previous forecast was in the 4.5% to 4.9% range.

It rose to 7% YoY.

Investors are allocating 70% of their funds portfolio to money market funds.

Economy grew by 4.8% year-on-year in the second quarter of 2022.