Dr Aurobindo Ghosh, SMU Assistant Professor of Finance (Education) and Principal Investigator of the Singapore Index of Inflation Expectations Project at Lee Kong Chian School of Business opined that public perception of inflation based on people's personal everyday experience remains persistently higher than the published inflation rate since 2014. This overestimation of inflation has not abated even as inflation was at a lower level from 2014 to today, compared with between 2010 and 2013.
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