Global central banks, including MAS, on heightened alert against prematurely relaxing their guard against inflation: OCBC
Analysts are keeping their predictions of further tightening from the Monetary Authority of Singapore (MAS) at the next scheduled Monetary Policy Statement (MPS) in April next year.
MAS core inflation rose to 5.3% y-o-y in September from 5.1% the month prior, a 0.5% seasonally adjusted m-o-m increase and the fastest pace since November 2008, says the central bank in a statement released jointly with the Ministry of Trade and Industry (MTI) on Oct 25.
