Inflation has remained high throughout the year. Singapore's core inflation - which excludes accommodation and private transport - was steadily climbing towards its highest levels since November 2008, before easing for the first time in October. What will 2023 be like? Here are answers to some of your key questions about next year's economic outlook.
Will inflation stay elevated next year? What about interest rates? How will these trends affect me as an investor?
It seems like everywhere we turn, we face constant reminders about inflation at grocery stores, petrol pumps, even when paying our utility bills.
Recent data indicates that inflation likely peaked earlier in the year, but will stay elevated. In other words, prices will continue to rise, but at a slower pace than in previous months. Consumers should not expect a return to the low inflation levels we saw for years after the Global Financial Crisis in 2008.
هذه القصة مأخوذة من طبعة December 04, 2022 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 04, 2022 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
More firms aware lack of focus on sustainability hurts bottom line
78% of small firms in survey lost existing or potential business due to emission demands
Haidilao eyes global growth after positive US debut
Super Hi International Holding, the international operator of China's popular hot-pot chain Haidilao, is planning to boost its international footprint following a listing in the United States that has been well received.
Pixar to lay off 175 workers as it returns focus to feature films
LOS ANGELES Pixar will stop making original shows for Disney+ as part of a broader retrenchment, resulting in layoffs that will reduce its workforce by 14 per cent.
28 properties part of 530m in cash, assets seized from duo who fled
More than $530 million in cash and assets, including 28 properties, have been issued with prohibition of disposal orders or seized from two foreigners who have fled the country.
S’pore army gets more accurate, ergonomic light machine gun
Infantry soldiers here have started using a more reliable, accurate and ergonomic light machine gun (LMG) that is better suited for close-quarters combat.
Rising to challenge of building MRT tunnel above KPE
Gap of 37cm is all that separates a section of TEL from expressway tunnel beneath it
Trump opts not to take witness stand in hush money case
Defence rests, clearing way for jurors to start deliberations in criminal case
Ambulance crisis in Sri Lanka triggers election debate
Nation emerging from economic crisis faces crippling exodus of qualified professionals
Russia starts launch drills for tactical nukes
Moscow says that militant statements’ by Western officials are to blame for exercises
Huge crowds gather in Tehran for Raisi’s funeral
Iran's Supreme Leader, Ayatollah Ali Khamenei, led prayers for the late President Ebrahim Raisi on May 22 as huge crowds thronged the capital Tehran for his funeral procession.
