0221 GMT - Singaporeans' inflation expectations rose slightly, taking cues from global developments, such as the Middle East conflict, that could drive up prices, a survey shows. While fewer respondents in the quarterly survey expect inflation will rise over the next year, their expectations for the gain inched up to an average of 3.4% in June from 3.3% in the prior edition, an index by DBS and Singapore Management University shows. Global inflation is rebounding this year due to supply-side constraints of energy products and the demand-side pull from the artificial-intelligence boom, but Singapore's headline and core figures rose only modestly, which keep inflation expectations in check, says Taimur Baig, DBS's chief economist. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
July 20, 2026 22:21 ET (02:21 GMT)
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