SINGAPORE -Singapore's growth outlook in 2023 appears uncertain amid global headwinds, the central bank said on Wednesday, but price pressures may ease as rents, a key component of inflation in the city-state, moderate in coming quarters. The Monetary Authority of Singapore (MAS) said in a semi-annual report the economy is expected to grow between 0.5 percent and 2.5 percent, less than last year's 3.6 percent, hit by contractions in trade-related sectors amid a global downturn in manufacturing. But a key driver of inflation, the pace of residential rent increases, may moderate in the second half of the year as housing supply picks up after the pandemic, it added.

https://business.inquirer.net/397708/singapore-central-bank-sees-rents-inflation-easing

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