Singapore's annual inflation rose to 5.2 percent in March from 4.6 percent in February, a joint statement released by the Ministry of Trade and Industry and the Monetary Authority of Singapore showed Monday. The annual rate exceeded the 4.7 percent consensus forecast.
Month-on-month, consumer prices climbed 0.8 percent in March largely due to higher car prices.
Meanwhile, excluding the costs of accommodation and private road transport, core annual inflation edged down slightly to 2.9 percent from 3 percent in February.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.