Middle East conflict could push up Singapore's inflation: Analysts
Economists warn that the Middle East conflict could push Singapore's inflation higher in the coming months. They add that the situation is still volatile and it is not clear how the crisis will unfold. The outlook comes as analysts highlighted the rise in oil prices, as Iran looks to block the Strait of Hormuz, which is a vital route for global oil shipments. Such a move could undo the moderation in Singapore's core inflation which came in lower for May compared to April. Kate Low has more.
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