In 2022, DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong estimate that Singapore’s gross domestic product (GDP) will grow to 3.5%.
Inflation during the year may average around 2.4%, predict the analysts in a Jan 3 report.
“2022 is the year where investors juggle between a more resilient transition to living with Covid-19 while the economy faces uncertainties from inflationary pressure, higher interest rates, uncertainty about China’s growth, and domestic policy risks,” they write.
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