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Spectre of excessive inflation looms giant on Singapore’s 2022 progress outlook, Economic system Information & Prime Tales

Spectre of excessive inflation looms giant on Singapore’s 2022 progress outlook, Economic system Information & Prime Tales

SINGAPORE – The fast and chronic rise in costs could develop into probably the most urgent problem subsequent yr for policymakers in Singapore and elsewhere, analysts mentioned.

If unabated, persistently excessive ranges of inflation can harm shoppers by hitting their buying energy. It could actually additionally lower margins for companies by depriving them of their pricing energy.

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