Bloomberg.com, 23 Apr 2009, Shamim Adam
April 23 (Bloomberg) -- Singapore’s inflation slowed to a 21-month low in March as a weakening economy eroded demand and transport and communication costs eased.
The consumer price index rose 1.6 percent from a year earlier, after gaining 1.9 percent the previous month, the Department of Statistics said today. That matched the median forecast of 11 economists surveyed by Bloomberg News. Prices declined 0.4 percent from February, without adjusting for seasonal factors.
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