A majority of Singaporeans (roughly 60%) expect COVID-19 to have a “moderate impact” on both economy and household inflation expectations, with the effects lasting “around one year." This is according to the latest DBS-SKBI Singapore Index of Inflation Expectations (SInDEx) Survey at the Sim Kee Boon Institute for Financial Economics (SKBI), Singapore Management University (SMU). Note that the survey was conducted prior to the “circuit breaker” period.

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