Singapore inflation

MAS not switching from fighting inflation to supporting growth - THE EDGE SINGAPORE

Singapore economy

MAS not switching from fighting inflation to supporting growth

MAS’s monetary policy stance remains tight relative to the business cycle.

Singapore economy

Rising inflation is making it too expensive for Singaporeans to stay healthy - Cigna Healthcare report

Only 27% of the research respondents in Singapore describe their current financial situation as “good”.

Broker's Calls

Analysts expect authorities to revise inflation forecasts upwards; MAS may tighten monetary policy in October

Singapore's headline inflation stood at 7.5% y-o-y while core inflation stood at 5.1% y-o-y in August 2022.

Singapore economy

MAS double tightening of upward re-centring and slope steepening 'likely' in Oct: Citi

The Citi analysts believe there is a 60% chance of at least 100bps upward re-centring and concurrent 50bps slope steepening.
ThaiBev, Kimly, Food Empire and Sheng Siong likely to be winners in rising inflation climate: RHB - THE EDGE SINGAPORE

Broker's Calls

ThaiBev, Kimly, Food Empire and Sheng Siong likely to be winners in rising inflation climate: RHB

The brokerage has kept its “overweight” call on the Singapore consumer stocks sector.

Global Economy

Full steam ahead — inflation will not derail for love nor money: Saxo Bank

Jakobsen was already warning about inflation as far back as late 2019
Singapore narrows and lowers GDP growth forecast, citing 'deteriorating' global outlook - THE EDGE SINGAPORE

Singapore economy

Singapore narrows and lowers GDP growth forecast, citing 'deteriorating' global outlook

MTI has lowered Singapore’s GDP growth forecast for 2022 to 3% to 4% from 3% to 5% citing a worsening global economic environment.

Singapore economy

Singaporeans are spending more but incomes aren't keeping up: DBS

Consumers are spending more relative to income, with an expenses-to-income ratio rising to 64% in May from 59% a year earlier.
Invest in staple consumer plays such as Sheng Siong, Kimly, as well as reopening counters like FCT, LREIT & CICT: DBS - THE EDGE SINGAPORE

Broker's Calls

Invest in staple consumer plays such as Sheng Siong, Kimly, as well as reopening counters like FCT, LREIT & CICT: DBS

In a survey, the bank found that 80% of consumers are expecting surging inflation to last for the next 12 months or longer.

Singapore economy

Majority of Singaporeans say inflation handled 'badly', according to Blackbox poll

More than nine in 10 Singaporeans said inflation has affected their lives, with 37% indicating a “significant” impact.
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