Singapore 2011 Inflation Expected To Hit 4%

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%.