Sharper rise in inflation, geopolitical tensions are downside risks to Singapore economy: MAS survey

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According to private sector economists polled in the central bank’s latest quarterly survey, higher inflation and tensions from the Russia-Ukraine conflict are among the top risks facing Singapore’s economy. Economists have kept this year’s growth forecast unchanged at 4%. It’s also in line with the government’s latest forecast of between 3% and 5%. However, projections for inflation were raised due to higher food and energy prices.

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