In an interview, SMU Assistant Professor of Finance Aurobindo Ghosh discussed about the Singapore Index of Inflation Expectations (SInDEx) Survey published jointly by SMU’s Sim Kee Boon Institute for Financial Economics (SKBI) and DBS, which found that half of Singaporeans expect inflation to decline this year. Asst Prof Ghosh opined that this was due to a declining trend and that it did not come as a surprise that people expected prices to be falling in the medium term. He also shared that fewer Singaporeans expecting their salaries to be cut by over 5% could be a sign of the job market holding up.
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