Bloomberg.com, 23 Dec 2008, Chen Shiyin
Dec. 23 (Bloomberg) -- Singapore’s inflation eased in November for a second month as lower oil prices cut transportation costs in the city state.
The consumer price index increased 5.5 percent from a year earlier, after gaining 6.4 percent in October, the Department of Statistics said today. That matched the median forecast of nine economists in a Bloomberg News survey. Prices declined 0.2 percent from October, without adjusting for seasonal factors.
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