Singapore's Inflation Path Could Be Bumpy in 2024 -- Market Talk

Dow Jones04-16

0318 GMT - Singapore's inflation trajectory is likely to be bumpy this year, but DBS Group Research still expects average headline and core prints to ease from last year. Domestic inflationary impulses may lift core inflation near term, but it will likely stay under control, DBS says. It cites factors including an expected tempering in imported inflation thanks to the cumulative effect of monetary tightening and SGD strength. Cooling core inflation, plus moderating prices for private transport and accommodation will help check headline inflation in 2024, the team adds. DBS tips average 2024 headline and core inflation at 3.5% and 3.1% respectively, versus 4.7% and 4.0% for 2023.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

April 15, 2024 23:18 ET (03:18 GMT)

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Domestic inflationary ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999002562.SGD","symbol_name":"LionGlobal Asia Pacific SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2427867593","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2427867593","pubTimestamp":1713237480,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0318 GMT - Singapore's inflation trajectory is likely to be bumpy this year, but DBS Group Research still expects average headline and core prints to ease from last year. 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