Citing the data of the latest Singapore Index of Inflation Expections released by SMU, which showed that Singapore consumers are expecting a higher rate of inflation compared to a quarter ago, the editor noted a few Government initiatives implemented to curb inflation, such as MAS' policy of appreciating the Singapore dollar, encouraging firms to increase productivity, and giving financial assistance to the low-income group. The editor felt that besides relying on the usual currency appreciating policies, the relevant authorities should also take another look at the causes of the inflation.
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