Singapore inflation hits highest in nearly two years, but undershoots expectations
Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters
Last updated: 2026-08-24 17:57:29 ET
Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters
Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.
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For some sectors, like cars, tariffs may be helping, economists said. But job growth is sluggish, and other sectors are suffering from the president’s signature policy.
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