Has Singapore inflation peaked ?

Has Singapore inflation peaked ?

There is saying that Singapore inflation has probably peaked and is expected to be around 3-4 per cent this year, Core inflation, which excludes private transport and accommodation costs, is expected to be 2-3 per cent this year, Do you agree that? Do you still conern that you may not have enough money in Singapore for high cost of doing business and high cost of living in Singapore.

Even so, the Singapore policymakers 'will need to remain vigilant because noone know if the risks are over.

Consumer prices are expected to rise by 5.1 per cent in the Asean-5 group of countries this year, compared to 3.8 per cent in 2010, driven by higher food prices, foreign capital inflows and greater utilisation of resources such as factory capacity and labour due to the strong rebound in economic growth in the region.

The annual pace of inflation in Singapore reached a two-year high of 5.5 per cent in January, before slowing to 5 per cent in February and March, Singapore Department of Statistics data show.