According to the latest Singapore Index of Inflation Expectations (SInDEx) poll conducted by the Sim Kee Boon Institute for Financial Economics at SMU (SKBI), Singapore consumers are expecting inflation to head downwards later this year because of property cooling measures and other loan curbs introduced to encourage financial prudence. Those polled in December expect overall inflation to stand at 3.72 per cent this year. This is lower than their one-year inflation expectation of 3.85 per cent recorded in September last year.