Singapore consumers are expecting a higher rate of inflation, as they perceive low interest rates and excess liquidity for the foreseeable future. The latest Singapore Index of Inflation Expectations, compiled by the SMU Sim Kee Boon Institute for Financial Economics and sponsored by MasterCard, shows that consumers polled in September expect overall inflation for the year ahead of 4.57 per cent. This is higher than their one-year inflation expectation of 4.45 per cent in June.
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