“2022 is the year where investors juggle between a more resilient transition to living with Covid-19 while the economy faces uncertainties from inflationary pressure, higher interest rates, uncertainty about China’s growth, and domestic policy risks,” they write.
In 2022, DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong estimate that Singapore’s gross domestic product (GDP) will grow to 3.5%.
Inflation during the year may average around 2.4%, predict the analysts in a Jan 3 report.
