Why is inflation taking so long to moderate in Singapore? | Commentary

Singapore's core inflation has fallen well below its peak of 5.5% in January and February 2023. But is it coming off fast enough? OCBC chief economist Selena Ling weighs in. Read the commentary: https://cna.asia/4cgPVrE 0:00 Introduction 0:37 Why has inflation been so high in Singapore? 1:05 Why are Singaporeans still feeling cost-of-living pressures when inflation is easing? 1:51 Will the cost-of-living situation improve in 2024? Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia