Singapore's inflation will continue to rise in Q4 2010 : MAS

RTTNews, 27 Oct 2010
Singapore's headline inflation will continue to rise in the fourth quarter on account of strong domestic cost pressures, said the Monetary Authority of Singapore on Wednesday.
The central bank in its macroeconomic review said consumer price inflation will climb to around 4% at the end of 2010 and stay high in the first half of next year before moderating. Consumer price inflation rose to 3.7% in September 2010 from 3.3%. Full story