SINGAPORE – Singapore is headed for a troubling year in which economic growth will slow while inflation will remain elevated, in part because wage increases are expected to continue.
Global prices may come off their recent peaks but inflation here will remain higher next year than the historical average, said the Monetary Authority of Singapore (MAS) on Thursday in its biannual Macroeconomic Review.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.