inflation and production outlook – DBS
DBS economists Taimur Baig and Radhika Rao project Singapore’s headline and core inflation will rise in July to 2.4% and 2.3% year-on-year, respectively, driven by higher energy and food costs. They also forecast industrial production growth to accelerate to 9.0% year-on-year, led by electronics and precision engineering, while noting uneven factory performance due to cost pressures and supply disruptions….











