Singapore Inflation Rate Forecast 2024

Singapore Inflation Rate Forecast 2024. Workers in singapore are expected to receive a salary increase of 4.0% in nominal terms in 2024, consistent with the rate in 2023. Singapore inflation rate for 2021 was 2.30%, a 2.49% increase from 2020.


Singapore Inflation Rate Forecast 2024

The ministry of trade and industry and monetary authority of singapore (mas) on july 23 maintained their estimates for core inflation in 2024 at 2.5 per cent to 3.5 per cent. The core inflation rate was also lower than a 2.9 per cent forecast in a reuters poll.

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