Singapore Inflation Climbs on Power Tariffs, Stays Below Forecasts
Both core and headline consumer prices accelerated in July, driven by a sharp electricity adjustment, though the pace remains under economist expectations
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Both core and headline consumer prices accelerated in July, driven by a sharp electricity adjustment, though the pace remains under economist expectations

Rising food costs and Middle East tensions push consumer prices higher, strengthening expectations for a September rate hike by the Bank of Japan.

The lender now sees the Philippines expanding 5.2% in 2027, down from an earlier 5.6% projection, as policy uncertainty and regional tensions weigh on business confidence.

Economists warn persistent price pressures and elevated fuel costs keep central bank in tightening mode as data release approaches

The central bank projects inflation could reach as high as 6.6 percent as fuel prices jump and electricity rates hit regional highs, testing the government's economic management.

The city-state will distribute a fresh batch of household support next January, citing persistent price pressure from the Middle East conflict