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MAS sees modest pass-through of rising costs to inflation

Wednesday, October 28, 2015 - 05:50

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Facade of the Monetary Authority of Singapore (MAS) building.

Singapore

ALTHOUGH domestic cost pressures, including higher wages, are expected to increase business expenses, Singapore's central bank predicts that consumers will not bear the brunt of rising costs.

But as the dampening effects from domestic budgetary measures and low oil prices

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