Thursday, April 24, 2014

Inflation is up 1.2%

These are the Singapore inflation rates for 2014:
January: 1.4%
February: 0.4%
March: 1.2%

Healthcare is once again leading the pack rising by 3.4% followed by Education & Stationery and Food, rising by 2.9% respectively year on year. Transport inflation again went down similar to last month and Housing inflation was also more tamed compared to last year.

Inflation has remained stable compared to last month with the exception of clothing & footwear. Inflation should be trending upwards starting from next month and remain stable for the rest of year provided there is no unexpected external stimuli.

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