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2024 Inflation Rate Forecast Singapore

2024 Inflation Rate Forecast Singapore. Still, mas and mti predict a “gradual moderating trend” in core inflation over 2024. Consumer price developments in september 2024.


2024 Inflation Rate Forecast Singapore

For the year as a whole, the central bank projected that core inflation will average 2.5 per cent to 3 per cent in 2024, down from 4.2 per cent in 2023. Workers in singapore are expected to receive a salary increase of 4.0% in nominal terms in 2024, consistent with the rate in 2023.

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