Singapore's inflation rate expected to remain high

Singapore is one of the most expensive cities in the world to live in.

It's predicted that figures set to be released on Monday will show that prices are continuing to rise.

The latest inflation number is expected to show that consumer prices grew by nearly 5% in June, at a time when the Singapore economy is slowing down.

Song Seng Wun of CIMB Research told the BBC's Asia Business Report that the issue is a problem for the policymakers.

BBC News