Singaporeans expectations on inflation 'mostly flat', expect slight increase in expenses over 12 months: DBS, SMU

Singaporean consumers are expecting a slight negative impact on the country’s economic growth, and an overall slight increase in their expenses over the next 12 months, according to the quarterly Singapore Index of Inflation Expectations (SInDEx) survey by SMU and DBS Group Research.

The survey, now in its 54th edition, finds that one-year-ahead headline inflation expectations remained unmoved at 3.8% in December 2024 compared to September 2024.