According to the latest Singapore Index of Inflation Expectations released on Monday, July 20 by the SMU Sim Kee Boon Institute for Financial Economics, Singaporeans expected headline inflation to rise to 3.35 per cent in a year's time due to domestic price pressures and a tighter labour market. The poll noted that for those who own their accommodation and use public transport, the one-year-ahead Singapore core inflation rate was moderated down to 3.38 per cent in the recent survey, compared to 3.52 per cent in March 2015. Respondents felt that the five-year-ahead Singapore core inflation rate would be higher at 4.17 per cent, up from 3.94 per cent in the March survey.
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