SINGAPORE, July 21 (Bernama) -- Singapore's headline inflation for 2011 is now expected to be between four and five per cent, but the Monetary Authority of Singapore (MAS) forecast for core inflation remains unchanged.
MAS Managing Director Ravi Menon said headline inflation had probably peaked two months ago.
"This remains technically correct but less clearly so in substance," he told reporters after the release of MAS Annual Report 2010/11 here today. Full story
Related:
Singapore central bank raises inflation forecast - eTaiwan News
Singapore central bank raises inflation forecast - CNBC.com
Singapore's central bank raises 2011 inflation forecast to 4-5 per cent - CanadianBusiness.com
Monetary Authority of Singapore raises inflation forecast - Malaysia Star