SINGAPORE’S March headline and core inflation both eased further than economists expected, data from the Department of Statistics showed on Tuesday (Apr 23). Headline inflation slowed to 2.7 per cent year on year (yoy), lower than the 3.4 per cent recorded in February, and below the 3.1 per cent median forecast by private-sector economists polled by Bloomberg. This was also the lowest headline inflation rate since September 2021, when it was 2.5 per cent. The fall in headline inflation was due mainly to a decline in private transport costs as well as lower core inflation, said the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI).   https://www.businesstimes.com.sg/Singapore/Singapore-s-inflation-eases-more-expected-march-headline-inflation-2-5-year-low (ICE SINGAPORE)

Fonte notizia: The Business Times, 23 April 2024