Singapore’s inflation numbers are at the heart of our discussion today. If you recall, core inflation rose to 5.3% year on year in September, higher than the near 14-year high of 5.1% on-year in August.
Headline inflation, on the other hand, remained at 7.5% on-year, unchanged from that in August.
But beyond the actual figures, what’s also important is how the people in the city state view inflation going forward. On that note, the Singapore Management University and DBS Group Research teamed up to survey around 500 individuals representing a cross section of Singaporean households.
On Market View, Prime Time’s finance presenter Chua Tian Tian deep dived into the survey findings with Dr. Aurobindo Ghosh, Assistant Professor of Finance Education SMU Lee Kong Chian School of Business. He’s also the Principal Investigator for the Singapore Index of Inflation Expectations or SInDEx survey.