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Wages ‘increasing too quickly’ amid tight labour market could hurt S’pore, Govt to cushion impact of inflation: DPM Wong

SINGAPORE — Amid a tight labour market and rising inflation, Singapore needs to manage the risks of a "destabilising wage-price spiral, where higher wages feed directly into higher prices", Deputy Prime Minister Lawrence Wong said on Wednesday (Sept 28).

By Janarthanan Krishnasamy

28/09/2022

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