Singapore’s inflation held at 5 percent in March as housing and transportation costs surged, supporting the central bank’s decision this month to allow further currency appreciation.
The increase in the consumer price index matched the gain reported previously for February and the median estimate of 13 economists surveyed by Bloomberg News, a Department of Statistics statement showed today. Prices rose 0.1 percent from February, without adjusting for seasonal factors. Full story
Related:
Singapore Annual Inflation Stays At 5% In March - RTTNews
Singapore March CPI up 5.0 pct yr/yr - Reuters
Prices on the Rise in Singapore - TopNews United States
Inflation in Singapore increased by 5 percent in March compared to same month last year - The China Post
