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Inflation expectations rise to 2.7%: SMU survey

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Consumers polled in December 2016 were swayed by weakness in global growth, exacerbated by the uncertainties of global trade in the US and eurozone following the unexpected US presidential election outcome and Brexit referendum.

Singapore

INFLATION expectations in Singapore inched up to 2.7 per cent from a five-year low of 2.63 per cent recorded in September 2016, a December 2016 survey by Singapore Management University (SMU) showed.

The new one-year-ahead median inflation is still lower than its

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