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.
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.