Singapore February Inflation Slower Than Expected But Pressure Remains

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SINGAPORE (Dow Jones)--Singapore's consumer prices rose at a slower-than- expected pace in February as transport and housing cost increases moderated, although the government flagged a likely pickup in near-term price pressures.
Economists say lingering price pressures suggest the central bank is unlikely to loosen monetary policy at its semi-annual policy meeting next month, despite persistent threats to global demand. Full story