S'pore inflation expectation hits a 5-year low

Singapore

SINGAPOREANS' expectation of inflation has fallen to its lowest level since September 2011 on the back of global economic headwinds and the fallout from "Brexit".

The median one-year-ahead headline inflation among polled Singaporean consumers, that is, their expectation of inflation in the medium term, fell from 2.79 per cent in March to 2.63 per cent last month.