Private-sector economists raise inflation forecasts for Singapore, flag risks to economy - CNA

6/7/2022 12:00:00 AM2 years 11 months ago
SINGAPORE: Private-sector economists have raised their 2022 inflation forecasts for Singapore amid higher energy and food costs, flagging sharper-than-expected price gains as the top downside risk ahead for the economy, according to a quarterly survey release…
The survey showed the outlook darkening for most macroeconomic indicators. In particular, the growth forecast for construction was shaved down to 5.9 per cent from 9 per cent previously. Estimates f… [+1360 chars]
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