SINGAPORE, Feb 24 — Most economists expect core inflation to hover above 2 per cent for the rest of the year, after Singapore recorded in January its highest year-on-year rise in this measure of the price of goods and services in almost a decade. Core inflation, which excludes accommodation and transport because these can bounce around unpredictably, […]
Read MoreSINGAPORE manufacturing growth cooled in January to just 2 per cent year on year – down from 16.7 per cent expansion in the month prior, and well below the forecast of 11.6 per cent in a Bloomberg poll. The factory sector was stymied by electronics’ year-ago high base and contraction in the volatile biomedical cluster, […]
Read MoreSINGAPORE – Russia’s recognition of and ordering of troops into two separatist regions in Ukraine has led Western governments to retaliate with sanctions on the likes of those in Russia’s defence, banking and financial sector. Oil prices rose to nearly US$100 a barrel on Tuesday (Feb 22) – its highest level since 2014 – after Moscow ordered troops into […]
Read MoreThe battle against inflation which began from the US and the UK has now crossed to Asia and as far as Singapore which reported the highest increase in prices in nine years. Singapore’s core inflation in January advanced to 2.4% year-on-year, the highest level in more than nine years, data released by the government showed. […]
Read MoreSINGAPORE – Singapore’s consumer prices continued to climb in January, with inflation expected to keep rising in the near term before easing, according to figures out on Wednesday (Feb 23). Core inflation, which strips out accommodation and private transport costs, rose further to 2.4 per cent on a year-on-year basis last month, from 2.1 per […]
Read MoreSINGAPORE–Singapore’s consumer prices rose at the same on-year pace in January as in December, as a moderation in private transport costs increase offset higher core and accommodation inflation. The consumer price index for January rose 4.0% compared with the same period a year before, the Department of Statistics said Wednesday. That was slightly below the […]
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Thailand
