UOB sees a rising risk that the reversal of monetary policy tightening may be delayed to the MPS in July instead. As November’s core inflation met the expectations of the consensus, Citi Research economist Kit Wei Zheng notes that core momentum moderated to 0.19% m-o-m according to his seasonal adjustments. Core inflation, however, accelerated to 2.91% on a three-month moving average (3M...
SGD/CNY Forum
As November’s core inflation met the expectations of the consensus, Citi Research economist Kit Wei Zheng notes that core momentum moderated to 0.19% m-o-m according to his seasonal adjustments. Core inflation, however, accelerated to 2.91% on a three-month moving average (3M...
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