Singapore keeps monetary policy tight, lowers inflation outlook

Central bank expects price pressure to ease further later this year

Copied: 20220803 Singapore

Singapore's inflation figures came in lower than expected. © AFP/Jiji

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Singapore's central bank on Friday kept its monetary policy unchanged for a fifth consecutive meeting, even as the latest inflation figures came in lower than expected.

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