2024 Inflation Rate Forecast Singapore. This projection will bring the bsp’s policy rate to 5.75 percent by the end of 2024, lower than the earlier forecast of 6 percent. Workers in singapore are expected to receive a salary increase of 4.0% in nominal terms in 2024, consistent with the rate in 2023.
Percentage change in consumer price index at expenditure. Singapore’s economic prospects for 2024 seem brighter, with faster growth and declining inflation and lending rates projected for the year.
