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Inflation rising but S'pore economy not at risk of overheating: Experts
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While the econmy is growing faster than usual, historical data suggests the growth rate and inflation are not near such risk levels.
ST PHOTO: THADDEUS ANG
SINGAPORE - The pain from surging inflation can turn something as desirable as economic growth or its potential into a subject of controversy.
So when policymakers refer to the fact that Singapore's economy is operating "slightly" above its potential, conclusions are drawn that the economy is probably overheating - that is, growing at an unsustainable rate that will trigger runaway inflation.
