Singapore consumer price inflation slowed in March to the lowest level in two-and-a-half years, largely due to a decline in private transport costs, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Tuesday.
The consumer price index rose 2.7 percent on a yearly basis in March, slower than the 3.4 percent increase in February. Economists had expected inflation to moderate to 3.1 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com