Singapore inflation expectations edge higher - survey

Inflation expectations of Singapore households edged higher in June from March, according to the SMU-MasterCard survey on inflation published on Friday, signalling authorities may find it harder to put a lid on future price increases. Households expect prices to rise by 4.45 percent over the next year, up from 4.13 percent in March. The five-year outlook was for headline inflation of 5.37 percent, up from 5.20 percent in the March survey.