Tuesday, March 25, 2014

Inflation is up 0.4%

These are the Singapore inflation rates for 2014:
January: 1.4%
February: 0.4%

Healthcare is once again leading the pack rising by 4% followed by Education & Stationery, rising by 2.9% respectively year on year. Transport inflation again went down similar to last month but the effects are more pronounced due to the high base last month. Housing inflation was also more tamed compared to last year.

As mentioned previously, food inflation will be persist higher for some months but inflation will be lower due to the high base, which will persist for a few months, especially if the housing and transport inflation continues its current trends.

It will not last for long though.

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