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Global inflation adding to Singapore business, consumer woes

Watchers fret over whether Republic - with its high exposure to global trade - will see end-prices go up, despite MAS' restrained inflation outlook

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Annabeth Leow

Annabeth Leow

Published Wed, Sep 29, 2021 · 09:50 PM

    Singapore

    WHOLESALE prices have risen sharply ahead of consumer price growth, on global supply crunches amid the Covid-19 pandemic.

    Though the pass-through "appears to be weak at the moment, higher producer prices could eventually seep into consumer prices", Asean+3 Macroeconomic Research Office (Amro) analysts recently warned.

    Singapore economySingapore inflationBusiness sentimentInflation

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