SInDEx, now in its 52nd edition, reported that one-year-ahead headline inflation expectations fell to 3.8% in June from 4.0% in March previously. This downward trajectory comes on the back of general global trends in major economies, and the continued but circumspect restrictive monetary policy.
Singaporeans believe that inflation will continue to maintain a downward trajectory over the year but at a slower rate, according to the Singapore Index of Inflation Expectations (SInDEx) survey.
The quarterly survey is conducted by economists from the Singapore Management University (SMU), in partnership with DBS Group Research, and consists of a study of around 500 individuals representing a cross-section of Singaporean households.
