0149 GMT - Singaporeans anticipate inflation will be higher than previously expected, a survey shows, signalling that continued global uncertainty is further weighing on sentiment. Expectations for headline inflation in the year ahead rose to 3.5% in December from 3.3% in September, an index by DBS and the Singapore Management University finds. The reading suggests inflation expectations are likely bottoming--a favorable development as it reflects macro environment normalization, DBS chief economist Taimur Baig says. The main reasons cited were higher tariff-related trade-policy uncertainty and conflict-driven geopolitical concerns. Consumers also expect these issues to drag on economic growth. Despite the uncertainty, survey respondents expect price increases to be relatively muted and believe their overall economic and financial situation will be unchanged in the next 12 months. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

January 19, 2026 20:49 ET (01:49 GMT)

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