Tuesday, February 26, 2013

Inflation is up 3.6%

These are the Singapore inflation rates for 2013:
January: 3.6%

Transport and Housing are leading the pack, rising by 8.5% and 4.4% respectively year on year, where housing is significantly lower than December's inflation.

Inflation is down from last month due to most probably the high base from January last year. However, there shouldn't be much variation and this month's inflation should be around this month's inflation.

The budget news may help to bring down the transport and housing inflation, if the policies work as intended. Let's see.

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