Drop in core inflation unlikely to delay more monetary policy tightening in April
Policymakers will have to contend with rise in food and fuel prices, as well as growing threat of 'stagflation'
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CORE inflation came in a shade below analyst expectations in February - but the latest reading is not expected to deter the Monetary Authority of Singapore (MAS) from tightening policy next month.
That's as policymakers will have to contend with a rise in food and fuel prices, exacerbated by the Russian invasion of Ukraine, as well as the growing threat of "stagflation".
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.