The Malaysian Insider, 25 Jan 2012SINGAPORE, Jan 25 — Singapore today reported annual inflation of 5.5 per cent for December, slightly down from November’s three-year high of 5.7 per cent, but it warned that cost pressures will stay elevated for a few more months before easing.
“Year-on-year inflation in CPI-All Items will likely remain elevated over the next few months,” the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) said in a joint statement. Full story
