Economists expect raised inflation forecast, MAS policy tightening in April on war-led cost pressures
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Economists anticipate that the Monetary Authority of Singapore (MAS) will raise its inflation forecasts and tighten monetary policy in April due to rising prices linked to the conflict in the Middle East. In February, core inflation reached 1.4%, the highest in 14 months, driven by increased costs in services, food, and retail, influenced by seasonal effects from the Chinese New Year.
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