(RTTNews) - Inflation in Singapore eased to its weakest level in 21 months in August, mainly reflecting more moderate increases in accommodation cost and services fees, data released by the Ministry of Trade and Industry and the Monetary Authority of Singapore (MAS) revealed Monday.
The consumer price index (CPI) rose 3.9 percent year-on-year in August, after climbing 4 percent in the previous month. It was the lowest rate of inflation since November 2010, but a tad above economists' forecast of 3.8 percent. Full story
