Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Lim Hng Kiang: Inflation in Singapore likely to ease for rest of 2011
Tuesday, April 12, 2011
iStockAnalyst, 12 Apr 2011SINGAPORE, Apr. 12, 2011 (Xinhua News Agency) -- Singapore Trade and Industry Minister Lim Hng Kiang has said inflation in the city state has likely peaked and will moderate for the rest of the year, local media reported on Tuesday.Assuming no further increase in oil price, inflation should stay between 3 percent and 4 percent. Full story
OPINION: Feeling the pinch of higher prices - Seah Chiang Nee
Saturday, April 2, 2011
Malaysia Star, 2 Apr 2011IN recent months, inflation – set to reach 6% soon – has seemingly been acting like a runaway bus, cutting into people’s hard work and savings.The rising cost of living is fast becoming the second biggest concern – next to jobs and earnings – among Singaporeans, who will go to the polls this year.Last week they received more bad news. Electricity costs will rise by 6.5%
Singapore electricity rates to rise by 6.5 pct from April 1
Tuesday, March 29, 2011
Reuters, 29 Mar 2011(Reuters) - Electricity tariffs in Singapore will increase by an average of 6.5 percent starting April 1 to reflect the higher cost of fuel, the city-state's main electricity retailer said on Tuesday, adding to inflationary pressures in the city-state. Full story
Singapore Feb CPI up 5.0 pct yr/yr
Tuesday, March 22, 2011
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
Singapore 2011 Inflation Expected To Hit 4%
Tuesday, March 8, 2011
RTTNews, 9 Mar 2011Singapore inflation is forecast to rise to 4% this year, an upgrade from the 2.9% reported in the previous survey, latest quarterly survey of professional forecasters published by the Monetary Authority of Singapore showed on Wednesday.The government expects inflation to range between 3% and 4% in 2011. For the whole of 2010, headline consumer price inflation averaged 2.8%.
Malaysia Jan CPI higher at 2.4 pct
Wednesday, February 23, 2011
Fxmarketalerts.com, 23 Feb 2011Inflation arrived at consensus +2.4% y/y vs 2.2% prev; +0.6% m/m vs +0.4% prev. The higher print was attributed mainly to Food and restaurants, reflecting the pre-CNY demand. Inflation clocked in the highest rate since May '09, and while still tame, is seen to be picking up pace along with other regional countries such as Singapore which recorded its highest in 2
Singapore Jan inflation accelerates to 5.5 pct
Tuesday, February 22, 2011
RTTNews, 23 Feb 2011(RTTNews) - Singapore's annual inflation rose to 5.5% in January, owing to higher costs of transport, housing and food, the Department of Statistics said on Wednesday. Economists were expecting the annual rate to slow to 4.4% from 4.6% in December. From December, consumer prices rose 1.6% in January.Excluding accommodation costs, the consumer price index was 5.3% higher in
Singapore expects 2011 inflation to surge near 6 pct
Wednesday, February 16, 2011
Bloomberg, 17 Feb 2011SINGAPORE (AP) — Singapore raised its 2011 inflation forecast Thursday as a booming economy and surging global food and energy costs boost prices.Prices will likely rise between 3 and 4 percent this year, one percentage point higher than the previous estimate, the Trade and Industry Ministry said. The government said it expects inflation to peak as high as 6 percent in the
Singapore Inflation To Cool In Second Half: MAS
Wednesday, January 26, 2011
RTTNews, 26 Jan 2011Inflation in Singapore may moderate significantly in the second half of this year, the Monetary Authority of Singapore (MAS) said Wednesday.Responding to queries regarding elevated inflation levels, a MAS spokesperson said that the moderation will be preceded by a spike in inflation levels in the next few months. Full storyRelated:Singapore Predicts Inflation To Moderate In
Singapore's inflation up 4.6 percent in December
Sunday, January 23, 2011
RTTNews, 24 Jan 2011(RTTNews) - Singapore's consumer price annual inflation rose to 4.6% in December, largely due to higher costs of transport, housing and food, the Department of Statistics said Monday. Economists were expecting the annual rate to rise to 4.5% from 3.8% in November. Full storyRelated:Singapore Inflation Accelerates to 2-Year High, Adding Pressure to Tighten - Bloomberg
Singapore concerned about rising food prices
Monday, January 10, 2011
Bloomberg, 10 Jan 2011SINGAPORE (AP) — Singapore expects food price inflation to quicken this year amid high demand from China and supply disruptions caused by severe weather, the top finance official said Monday.The government is studying ways to help low-income and elderly Singaporeans cope with rising prices for food staples such as wheat, rice and sugar, Finance Minister Tharman
Singapore Finance Minister: Inflation To Rise Further In 1Q 2011
Sunday, January 9, 2011
Nasdaq, 10 Jan 2011SINGAPORE -(Dow Jones)- Singapore Finance Minister Tharman Shanmugaratnam Monday said inflation is expected to rise further in the first quarter of this year before moderating in subsequent quarters.He said the economy is likely to see inflationary pressure due to higher food prices and rising global oil prices. Full story
Singapore November Annual Inflation Rose To 3.8 percent
Wednesday, December 22, 2010
RTTNews, 23 Dec 2010(RTTNews) - Singapore's annual inflation rose to 3.8% in November, data from Department of Statistics showed Thursday. The rate came in line with economists' expectations. In October, inflation was 3.5%. Excluding accommodation costs, the consumer price index was 3.7% higher. Full storyRelated:Singapore Inflation Quickens to 22-Month High, Putting Pressure on Policy -
Singapore Oct. Consumer Prices Rose 3.5 pct
Monday, November 22, 2010
RTTNews, 23 Nov 2010(RTTNews) - Singapore consumer prices rose 3.5% year-on-year in October, the Department of Statistics said on Tuesday. Economists had expected an increase of 3.7%. The increase was largely led by higher costs of transport, housing and 'recreation & others'. Full story
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