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Tuesday, March 22, 2011

Singapore Feb CPI up 5.0 pct yr/yr

Reuters, 23 Mar 2011The year-on-year increase in the CPI was mainly due to higher prices of transport, housing and food. The number was below January's 5.5 percent, which was a two-year high. The CPI was flat on a month-on-month seasonally-adjusted basis as lower car prices offset the higher cost of housing and food. Full storyRelated:Singapore Consumer Prices Climb 5%, Sustaining Pressure to