Professional forecasters have upped their prediction of inflation in Singapore in 2022 and 2023 amid spiraling prices in the past three months, re-opening of domestic services and loosened COVID-19 restrictions.
Singapore (VNA)♚ – Professional forecasters have uppedtheir prediction of inflation in Singapore in 2022 and 2023 amid spiraling pricesin the past three months, re-opening of domestic services and loosened COVID-19restrictions.
According to the quarterly survey published by the Monetary Authority of Singapore (MAS), 21 economists andanalysts said CPI-All Items inflation is most likely to come in between 6.0%and 6.4% for 2022, higher than the 5.5%-5.9% range in the previous survey. Meanwhile, core inflation, exclusive ofaccommodation and dining costs, was forecast to rise to 4-4.4% from 3.5-3.9%. For 2023, the CPI-All Items inflation is estimated at 5.2%, much higherthan 3.5% while core inflation is predicted at 4% compared to 3.1% in theSeptember survey./.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Illustrative image (Photo: Xinhua) 
