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Singapore inflation dips to 0.2 per cent in March 2018

SINGAPORE — Singapore's headline consumer price index (CPI) rose 0.2 per cent in March from a year earlier, lower than expected, data showed on Monday (April 23).

Singapore inflation dips to 0.2 per cent in March 2018
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SINGAPORE — Singapore's headline consumer price index (CPI) rose 0.2 per cent in March from a year earlier, lower than expected, data showed on Monday (April 23).

Singapore's all-items CPI rose 0.2 per cent, down from 0.5 per cent growth in February.

The median forecast in a Reuters poll was for a 0.5 per cent rise.

Singapore's core inflation gauge in March, was up less than expected at 1.5 per cent from a year earlier. The median forecast in a Reuters poll was for a 1.7 per cent rise.

Singapore's core inflation gauge in February rose 1.7 per cent, the highest since April 2017. REUTERS

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