Inflation is down 0.3%

These are the Singapore inflation rates for 2015:
January: -0.4%
February: -0.3%
March: -0.3%

Both Education & Communication rose by 3.5% and 2.5% respectively year on year. Both Transport and Housing & Utilities inflation has trended lower, continuing the trend from last month. Surprisingly, food inflation has also went down, which may be due to the lowering of the oil price which has a knock off effect on almost everything.

Inflation has already started trending higher and the price of oil has steadily increased.This trend will most probably continue until May when the April results are out. Transport inflation and housing inflation should also start to trend upwards from there on.