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Sim Kee Boon Institute for Financial Economics

Maximise your savings safely

The latest Singapore Index of Inflation Expectations report released by DBS and SMU on Monday found that in September, Singaporeans expected headline inflation for the year ahead to be 4.6 per cent – up from 3.9 per cent in June. The September figure is an 11-year high. The report notes that Singaporeans surveyed also feel that they will have to fork out more because of rising prices, even if they cut back on spending.

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