SINGAPORE (Reuters) - Singapore is likely to see another year of lackluster economic growth and elevated inflation in 2013 as exports remain weak and rising rents and car prices continue to push up the cost of living, its central bank said on Tuesday.
But the job market will remain tight and "resident wage growth could rise from 2-3 percent in 2012 to above 3 percent in 2013 even if overall economic growth remains sluggish," the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review. Full story
