In the midst of rising prices, the government is trying to stabilize wage growth and expand food imports.
Deputy Minister of Commerce and Industry Low Yen Ling told parliament.
He said Singapore was likely to face pressure due to rising foreign prices.
Interruptions in freight traffic continue as global energy prices rise. There is also not enough stock for various objects.
Ms. Lo said the scandal would continue for some time to come.
However, price congestion is expected to ease gradually.
Ms. Lo said the demand for staff is likely to increase as economic activity increases locally.
Salary increases can be seen to continue to improve.
He said the demand of the users may improve as the disinfection environment becomes more stable.
Therefore, Singapore’s core inflation is forecast to rise in the first half of this year and ease in the second.
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