Plus   Neg

Singapore March Inflation Accelerates

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 RTTNews 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.

Follow RTT