- MAS surveys professional forecasters on economic outlook, noting conflict escalation in the Middle East as a downside risk to growth.
- MAS forecasts inflation in Singapore due to conflict-driven supply chain issues.
DBS/SMU Survey Links Geopolitical Conflict to Rising Inflation Fears in Singapore
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
A quarterly survey by DBS and Singapore Management University found that 87.1 per cent of respondents expect inflation to rise over the next 12 months. While headline inflation expectations remained at 3.4 per cent, core inflation expectations increased to 3.6 per cent. Among those expecting higher inflation, 59 per cent cited geopolitical uncertainties and conflicts involving Hamas and Israel, Ukraine and Russia, and Iran and Israel as the primary reason.
From businesstimes.com.sg
Why it matters
The findings reflect broader concerns regarding inflation in Singapore, as the Monetary Authority of Singapore has previously noted conflict escalation in the Middle East as a downside risk to economic growth. The survey highlights how geopolitical events are influencing household expectations for future price increases.
The Monetary Authority of Singapore forecasts inflation in Singapore due to conflict-driven supply chain issues, and it surveys professional forecasters on economic outlook, noting conflict escalation in the Middle East as a downside risk to growth.
From businesstimes.com.sg
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Monetary Authority of SingaporeSpeculative
The Monetary Authority of Singapore might adjust monetary policy in response to sustained high inflation expectations.