Singapore Inflation Rises In June; MAS Cuts Inflation Outlook Singapore's annual inflation accelerated as expected in June, mainly due to a pick up in petrol pump prices. But, the central bank reduced its inflation estimate for this year citing sharper-than-expected decline in car prices. According to a combined statement from the Ministry of Trade and Industry and the Monetary Authority of Singapore released on Tuesday, inflation rose to 1.8 percent.
July 23, 2013 - RTT News