Bloomberg.com, 23 Sep 2008, Shamim Adam
Sept. 23 (Bloomberg) -- Singapore's inflation slowed for a second month in August as petrol stations lowered pump prices and food costs eased, reducing pressure on the central bank to allow faster gains in the currency.
The consumer price index increased 6.4 percent from a year earlier, after gaining 6.5 percent in July, the Department of Statistics said today. That matched the median forecast of 10 economists in a Bloomberg News survey. Prices rose 0.2 percent from July.
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