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Sim Kee Boon Institute for Financial Economics

Coronavirus pandemic accelerated food inflation trend

The latest quarterly survey for the Singapore Index of Inflation Expectations (SInDEx), released by DBS Bank and the SMU Sim Kee Boon Institute for Financial Economics (SKBI), found that locals have a higher projection for headline inflation of 2.7% this year. This is an increase from 1.9% and 2.2% in September and December last year, respectively.

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