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Global headwinds cloud S'pore outlook
Gloomier growth forecasts expected amid inflation, Ukraine crisis and China lockdowns
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Singapore's growth outlook is becoming gloomier as policymakers worldwide run out of ideas to tame inflation while maintaining the pace of economic recovery.
With no resolution of the Russia-Ukraine conflict in sight, and China on an unpredictable path to full reopening in the midst of its Covid-19 lockdowns, supply shortages are likely to persist and keep pushing up prices of everything from energy and food to metals.
