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Singapore central bank warns of higher food, energy prices as inflation accelerates

Published on: Thursday 28 April 2022

Singapore central bank warns of higher food, energy prices as inflation accelerates SINGAPORE: Consumer prices in Singapore are set to rise further as businesses pass on accumulating costs to customers amid sharply higher commodity prices, renewed supply chain disruptions and tight domestic labour market conditions, the central bank warned on Thursday (Apr 28). Core inflation is projected


News source: https://www.channelnewsasia.com/singapore/consumer-prices-increase-inflation-economy-singapore-mas-macroeconomic-review-april-2022-2652426

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