lionhearted
2021-07-20
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Chart of the day: Inflation expectations stay flat at 2.7%
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On the other hand, inflation for recreation and culture, and miscellaneous goods and services are expected to go down.</p>\n<p>The June 2021 results also suggest that there is some limited increase in household spending on housing and utilities, offsetting lower transportation expenses whilst work-from-home arrangements are still prevalent.</p>\n<p>“As vaccination progresses and gradual economic re-opening comes into focus, consumer confidence is likely to improve, which may also be associated with a rise in inflation expectations. But having recovered earlier this year, price expectations have stabilised in Singapore. This perhaps reflects lingering uncertainty about the timing and extent of reopening this year, casting a shadow on the outlook for a further rise in demand, wages, and prices,”said DBS Chief Economist and Managing Director of Group Research Taimur Baig.</p>","source":"lsy1618986048053","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chart of the day: Inflation expectations stay flat at 2.7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChart of the day: Inflation expectations stay flat at 2.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 15:46 GMT+8 <a href=https://sbr.com.sg/economy/news/chart-day-inflation-expectations-stay-flat-27><strong>Singapore Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singaporeans expect prices for household durables & services to have picked up in the second quarter.\n\nThis chart shows the latest quarterly inflation expectations from the DBS-SKBI Singapore Index of...</p>\n\n<a href=\"https://sbr.com.sg/economy/news/chart-day-inflation-expectations-stay-flat-27\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://sbr.com.sg/economy/news/chart-day-inflation-expectations-stay-flat-27","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196602316","content_text":"Singaporeans expect prices for household durables & services to have picked up in the second quarter.\n\nThis chart shows the latest quarterly inflation expectations from the DBS-SKBI Singapore Index of Inflation Expectations Survey, conducted by DBS and the Sim Kee Boon Institute for Financial Economics of the Singapore Management University.\nThe one-year-ahead headline inflation expectations stayed at 2.7% in June, bucking the upward trend since September 2020.\nBased on an online survey of 500 randomly selected individuals representing a cross-section of Singaporean households, the study found that Singaporeans expect the prices of household durables and services to have gone up slightly in the second quarter. On the other hand, inflation for recreation and culture, and miscellaneous goods and services are expected to go down.\nThe June 2021 results also suggest that there is some limited increase in household spending on housing and utilities, offsetting lower transportation expenses whilst work-from-home arrangements are still prevalent.\n“As vaccination progresses and gradual economic re-opening comes into focus, consumer confidence is likely to improve, which may also be associated with a rise in inflation expectations. But having recovered earlier this year, price expectations have stabilised in Singapore. This perhaps reflects lingering uncertainty about the timing and extent of reopening this year, casting a shadow on the outlook for a further rise in demand, wages, and prices,”said DBS Chief Economist and Managing Director of Group Research Taimur Baig.","news_type":1},"isVote":1,"tweetType":1,"viewCount":197,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/178304452"}
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