“At this juncture, we assess inflation risks to be broadly balanced as both external and domestic factors continue to shape the nation's inflation trajectory,” the pair write in their report dated June 23.
RHB Group Research (RHB) analysts Barnabas Gan and Laalitha Raveenthar are keeping their full-year inflation outlook unchanged despite easing inflationary pressures in Singapore.
Gan and Raveenthar are maintaining their 2025 headline and core inflation forecasts at 1.6% and 1.1%, respectively, noting that Singapore’s year-to-date headline and core consumer price index (CPI) are up by merely 0.92% and 0.63%, respectively.
