ANZ: Singapore's core inflation rate is expected to peak in early 2027

```htmlGolden Ten Data reported on June 25 that Khoon Goh from the ANZ Research Department stated in a report that Singapore's core inflation rate may continue to accelerate and reach a peak of over 3% in early 2027 before easing. Despite rising oil prices, inflation remains moderate. Although gasoline and other energy-related costs are increasing, there are currently no signs that inflation is spreading to other prices. However, due to a lagging effect of oil price increases, inflation may rise over the coming months. ANZ expects Singapore's core inflation rate to average 2.1% in 2026 and 2027.```