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Singapore inflation yet to peak with more MAS tightening expected
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Prices for goods and services will continue to trend up through the rest of the current quarter at the very least, say analysts.
ST PHOTO: ALPHONSUS CHERN
SINGAPORE - 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, tight labour market and the 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.
