Singapore's inflation is expected to rise to 4.1 percent this year, up from the previous estimate of 4 percent, the latest quarterly survey of professional forecasters published by the Monetary Authority of Singapore showed Wednesday.

The respondents raised growth outlook for the city-state economy. The economic growth is seen at 6.2 percent this year, up from the 5.7 percent in the previous survey. The most likely outcome is for the Singapore economy to grow between 6 percent to 6.9 percent in 2011.

For the second quarter, the inflation rate is expected to reach 4.4 percent. And the growth in Gross Domestic Product is seen at 2 percent compared to 3.4 percent projected in the previous survey.

Further, the jobless rate is seen at 2 percent by the end of 2011, unchanged from the previous survey.

RTTNews