Singapore's inflation at 8-month low

• QX179R

  23 Feb 12, 20:09

  Singapore: Singapore's headline inflation rate in January rose 4.8% year-on-year, easing from the 5.5% on-year rise in December 2011.

  The 4.8% rise in the consumer price index (CPI) was the lowest year-on-year increase since May.

  However core inflation - which excludes private property rentals - rose to a three-year high of 3.5%.
  
  The Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) warned inflation will likely remain elevated in coming months.
  
  Analysts say this indicates inflation remains a concern and that monetary
  authorities are likely to keep policy tight.
  
  - CNA/ir

• charlize

  23 Feb 12, 20:13

  Wah trick us.

   

  Lowest year on year INCREASE.

   

  Just increase least among the previous months. 

• βέτά

  23 Feb 12, 20:17

   

  There are lies, damn lies and statistics.

   

   

• charlize

  24 Feb 12, 19:33

  Originally posted by βέτά:

   

  There are lies, damn lies and statistics.

   

   

  Life is surreal.