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Consumer spending may be hit by inflation in 2019

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Fitch, in its report, says it does not expect retail sales to improve over the rest of 2018 and into 2019.

Singapore

REAL private consumption next year is likely to rise by 4 per cent amid real wage growth and a tight labour market, but consumer spending and sentiment may be weighed down by the threats of rising imported inflation.

That's the prediction of a Fitch Solutions Macro...

sentifi.com

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