Singapore inflation yet to peak with more MAS tightening expected

SINGAPORE – Singapore’s inflation may have reached 13-year highs, but we are nowhere near the peak.

Analysts reckon that given the uncertainties on the geopolitical front such as the war in Ukraine, continuing supply chain issues, tight labour market and the lockdowns in China, prices for goods and services here will continue to trend up through the rest of the current quarter, at the very least.