Singapore Price Pressures Top Hong Kong With Quicker Reopening

Bloomberg2023-03-27

City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of ...

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Comments

intheloop
2023-03-27
intheloop
Is it good or bad signs, moving forward?
VivianChua
2023-03-27
VivianChua
Ok
TeslaLegend
2023-03-27
TeslaLegend
Nice
RL7741
2023-03-27
RL7741
Good sharing [Smile]
xiaobaii
2023-03-27
xiaobaii
like & comment please

Leave a comment

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Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.</p><p>Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.</p><p><img src=\"https://static.tigerbbs.com/d4ba06bdd537ac91e818505523c9dbee\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>consumer prices</p><p>“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.</p><p>Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.</p><p>Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”</p><p>While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Price Pressures Top Hong Kong With Quicker Reopening</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Price Pressures Top Hong Kong With Quicker Reopening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114783385","content_text":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.consumer prices“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9941059864,"gmtCreate":1679892000459,"gmtModify":1679892003947,"author":{"id":"3580011914778910","authorId":"3580011914778910","name":"VivianChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3580011914778910","authorIdStr":"3580011914778910"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941059864","repostId":1114783385,"repostType":4,"repost":{"id":"1114783385","pubTimestamp":1679879485,"share":"https://ttm.financial/m/news/1114783385?lang=&edition=fundamental","pubTime":"2023-03-27 09:11","market":"sg","language":"en","title":"Singapore Price Pressures Top Hong Kong With Quicker Reopening","url":"https://stock-news.laohu8.com/highlight/detail?id=1114783385","media":"Bloomberg","summary":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reac","content":"<html><head></head><body><ul><li>City-state’s CPI has outpaced its rival over past two years</li><li>Annual CPI in Singapore estimated to reach 4.7% in 2023</li></ul><p><img src=\"https://static.tigerbbs.com/488cccfa6c1243ba501b89a68b638c69\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.</p><p>The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.</p><p>Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.</p><p>Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.</p><p><img src=\"https://static.tigerbbs.com/d4ba06bdd537ac91e818505523c9dbee\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>consumer prices</p><p>“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.</p><p>Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.</p><p>Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”</p><p>While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Price Pressures Top Hong Kong With Quicker Reopening</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Price Pressures Top Hong Kong With Quicker Reopening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114783385","content_text":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.consumer prices“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9941028757,"gmtCreate":1679886421880,"gmtModify":1679886426218,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":4,"crmLevelSwitch":1,"idStr":"3572489627147183","authorIdStr":"3572489627147183"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941028757","repostId":1114783385,"repostType":2,"repost":{"id":"1114783385","pubTimestamp":1679879485,"share":"https://ttm.financial/m/news/1114783385?lang=&edition=fundamental","pubTime":"2023-03-27 09:11","market":"sg","language":"en","title":"Singapore Price Pressures Top Hong Kong With Quicker Reopening","url":"https://stock-news.laohu8.com/highlight/detail?id=1114783385","media":"Bloomberg","summary":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reac","content":"<html><head></head><body><ul><li>City-state’s CPI has outpaced its rival over past two years</li><li>Annual CPI in Singapore estimated to reach 4.7% in 2023</li></ul><p><img src=\"https://static.tigerbbs.com/488cccfa6c1243ba501b89a68b638c69\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.</p><p>The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.</p><p>Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.</p><p>Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.</p><p><img src=\"https://static.tigerbbs.com/d4ba06bdd537ac91e818505523c9dbee\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>consumer prices</p><p>“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.</p><p>Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.</p><p>Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”</p><p>While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Price Pressures Top Hong Kong With Quicker Reopening</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Price Pressures Top Hong Kong With Quicker Reopening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114783385","content_text":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.consumer prices“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9941062534,"gmtCreate":1679880748229,"gmtModify":1679880751954,"author":{"id":"3585382015740768","authorId":"3585382015740768","name":"RL7741","avatar":"https://community-static.tradeup.com/news/cc534d52d2b9325d1a2e19f4cf928bc2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3585382015740768","authorIdStr":"3585382015740768"},"htmlText":"Good sharing&nbsp;[Smile]&nbsp;","listText":"Good sharing&nbsp;[Smile]&nbsp;","text":"Good sharing [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941062534","repostId":1114783385,"repostType":2,"repost":{"id":"1114783385","pubTimestamp":1679879485,"share":"https://ttm.financial/m/news/1114783385?lang=&edition=fundamental","pubTime":"2023-03-27 09:11","market":"sg","language":"en","title":"Singapore Price Pressures Top Hong Kong With Quicker Reopening","url":"https://stock-news.laohu8.com/highlight/detail?id=1114783385","media":"Bloomberg","summary":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reac","content":"<html><head></head><body><ul><li>City-state’s CPI has outpaced its rival over past two years</li><li>Annual CPI in Singapore estimated to reach 4.7% in 2023</li></ul><p><img src=\"https://static.tigerbbs.com/488cccfa6c1243ba501b89a68b638c69\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.</p><p>The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.</p><p>Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.</p><p>Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.</p><p><img src=\"https://static.tigerbbs.com/d4ba06bdd537ac91e818505523c9dbee\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>consumer prices</p><p>“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.</p><p>Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.</p><p>Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”</p><p>While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Price Pressures Top Hong Kong With Quicker Reopening</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Price Pressures Top Hong Kong With Quicker Reopening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114783385","content_text":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.consumer prices“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9941061716,"gmtCreate":1679879826736,"gmtModify":1679879830710,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"like &amp; comment please","listText":"like &amp; comment please","text":"like & comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941061716","repostId":1114783385,"repostType":2,"repost":{"id":"1114783385","pubTimestamp":1679879485,"share":"https://ttm.financial/m/news/1114783385?lang=&edition=fundamental","pubTime":"2023-03-27 09:11","market":"sg","language":"en","title":"Singapore Price Pressures Top Hong Kong With Quicker Reopening","url":"https://stock-news.laohu8.com/highlight/detail?id=1114783385","media":"Bloomberg","summary":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reac","content":"<html><head></head><body><ul><li>City-state’s CPI has outpaced its rival over past two years</li><li>Annual CPI in Singapore estimated to reach 4.7% in 2023</li></ul><p><img src=\"https://static.tigerbbs.com/488cccfa6c1243ba501b89a68b638c69\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.</p><p>The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.</p><p>Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.</p><p>Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.</p><p><img src=\"https://static.tigerbbs.com/d4ba06bdd537ac91e818505523c9dbee\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>consumer prices</p><p>“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.</p><p>Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.</p><p>Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”</p><p>While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Price Pressures Top Hong Kong With Quicker Reopening</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Price Pressures Top Hong Kong With Quicker Reopening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-26/singapore-price-pressures-top-hong-kong-with-quicker-reopening?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114783385","content_text":"City-state’s CPI has outpaced its rival over past two yearsAnnual CPI in Singapore estimated to reach 4.7% in 2023Singapore’s overtaking of Covid-battered Hong Kong in the last two editions of theGlobal Financial Centres Indexmay have come with some costs: The city-state’s inflation has outpaced its rival’s in nearly every monthly reading over the past two years.The Asian financial hub’s February consumer price index rose 6.3% from a year earlier, nearly four times the reading of Hong Kong’s 1.7% CPI increase.Hong Kong’s consumer inflation outpaced Singapore’s for much of the 1980s and 1990s, as the former British colony became one of the world’s leading financial centers. Singapore gained significant ground during the pandemic, though, with Hong Kong maintaining severe Covid curbs for much longer.Now, Singapore is grappling with higher costs asrentsrise— partially as people from Hong Kong and elsewhere consider the city-state as an enticing location — and as energy prices soar.consumer prices“From the Singapore side, we’ve seen an influx of folks from China, bidding up housing costs,” said Bloomberg Economist Tamara Henderson.Hong Kong’s consumer prices will likely remain subdued in 2023, with economists surveyed by Bloomberg expecting annual CPI to rise 2.4% year-on-year. Singapore, though, is expected to see annual consumer inflation increase to 4.7%, or nearly double its rival, driven by higher goods and services tax.Bloomberg Economist Eric Zhu pointed out that Hong Kong’s gross domestic product has contracted for three of the past four years, adding that tourism visits and retail sales are “still below pre-Covid levels.”While Hong Kong’s inflation is likely to pick up this year as the recovery in demand accelerates, Zhu said CPI would at most touch 3% in the final quarter of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":58,"commentSize":5,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1114783385"}