Some analysts upgrade inflation forecasts; say more relief measures might be needed if prices keep rising - CNA

SINGAPORE: Inflationary pressures are set to persist in Singapore, with latest official data prompting economists from at least two financial houses to upgrade their inflation forecasts. And if the flare-up in inflation continues into later in the year, more …

Asked for their outlook, economists noted that the factors that have heated up inflation in recent months are unlikely to go away soon. These include surging global energy and food prices, as well as… [+2597 chars]

full article...