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Further MAS action likely as inflation has yet to peak
Given host of uncertainties, price rises will continue, at least for the rest of this quarter
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Singapore's inflation may have reached 13-year highs, but it is nowhere near the peak.
Analysts reckon that given the uncertainties on the geopolitical front, such as the war in Ukraine, continuing supply chain issues, the tight labour market and lockdowns in China, prices for goods and services here will continue to trend up through the rest of the current quarter, at the very least.
