Imported inflation could rise and need tempering: Maybank

Government should focus on SGD/USD exchange rate.

Commenting on Singapore inflation after the release of October's inflation numbers, Maybank Kim Eng said that it expects 2012 headline CPI of +4.5% (2012 YTD: +4.7% YoY). It also maintained its 2013 inflation rate forecast of +4.0%.

"Exchange rate policy will be key in containing imported inflation, and we see SGD/USD exchange rate to sustain its upward path, ending next year at 1.19 from 1.22 at the end of this year," it added.



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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2567+0.0013+0.10%
    USDSGD=X
    1.7370+0.0023+0.13%
    EURSGD=X
    2.1091+0.0025+0.12%
    GBPSGD=X
    81.5597-0.1141-0.14%
    SGDJPY=X
    6.1703-0.0053-0.09%
    SGDHKD=X
    2.5989-0.0023-0.09%
    SGDMYR=X
    9,255.7637-43.9209-0.47%
    SGDIDR=X
    4.9644-0.0043-0.09%
    SGDCNY=X
    1.1670+0.0011+0.09%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,284.70+0.10+0.01%
    GCM14.CMX
    19.42-0.01-0.07%
    SIK14.CMX
    92.88+1.82+2.00%
    ^XAU
    3.060.00-0.08%
    HGK14.CMX
    101.53+0.09+0.09%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.71-0.03
    ^FVX
    2.69-0.04
    ^TNX
    3.47-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.122+0.002+1.67%
    B22.SI
    0.61+0.005+0.83%
    E5H.SI
    2.22+0.010+0.45%
    JS8.SI
    0.16+0.002+1.27%
    5GB.SI
    0.142-0.003-2.07%
    545.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.23+0.031+15.58%
    5UZ.SI
    0.22+0.020+10.00%
    D6U.SI
    0.184+0.014+8.24%
    5WD.SI
    0.275+0.020+7.84%
    5TP.SI
    0.161+0.011+7.33%
    A03.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.245-0.055-18.33%
    T18.SI
    0.196-0.024-10.91%
    5WR.SI
    0.161-0.019-10.56%
    T16.SI
    0.36-0.040-10.00%
    S24.SI
    0.098-0.010-9.26%
    C11.SI