Singaporeans' inflation expectations ease: poll
![The overall CPIEx Inflation Expectations, after adjusting for potential component-wise behavioural biases and re-combining across components, also fell to 5.5 per cent in June, from 5.7 per cent recorded in March. PHOTO: PIXABAY](/sites/news.smu.edu.sg/files/styles/max_325x325/public/smu/news/inflation.png?itok=D7PUrg-G)
Singaporeans' expectations for headline inflation for the year ahead has fallen, down to 3.9 per cent from 4.1 per cent last quarter due to a dampened growth outlook, according to this quarter’s Singapore Index of Inflation Expectations (SInDEx) results. SMU Assistant Professor of Finance (Education) and founding principal investigator of the DBS-SKBI SInDEx project Aurobindo Ghosh attributed the high inflationary expectations to the uncertainty arising from the continuing conflict in Ukraine, and shared how that has led to a rise in global oil prices and a potential slowdown in major economies. DBS Group Research is a co-sponsor and research partner with the SMU Sim Kee Boon Institute for Financial Economics (SKBI).
Source
The Business Times