Inflation expectations up on domestic price pressures
SMU index shows one-year-ahead inflation expectations of Singapore households rising to 3.73%
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Mindy Tan
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Singapore
DOMESTIC pass-through price pressures have pushed up both the headline inflation rate (CPI-All Item) and core inflation rate expectations for the first time since September 2012.
The one-year-ahead inflation expectations of Singapore households has inched up to 3.73 per cent, according to the research findings of the latest quarterly survey for Singapore Index of Inflation Expectations (SInDEx), by Singapore Management University (SMU). In June 2014, the one-year-ahead headline inflation was 3.66 per cent.
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