Singapore’s Headline Inflation Seen Slowing In May: Reuters Poll

www.oann.com | 4/24/2017 | Staff
chicana948 (Posted by) Level 3
SINGAPORE (Reuters) – Singapore’s headline inflation likely eased in May for the first time in four months as economic growth slowed and amid a fall in oil prices, a Reuters poll showed on Friday.

Singapore’s consumer price index in May probably rose 0.6% from a year earlier, a Reuters poll showed, slowing from 0.8% a month earlier.

Poll - Economists - Inflation - Percent - May

The poll of 10 economists also expected core inflation of 1.3 percent in May, unchanged from the April rate, which was a one-year low. Core inflation is the Monetary Authority of Singapore’s (MAS) preferred price gauge in setting monetary policy.

The central bank’s core inflation measure excludes changes in...
(Excerpt) Read more at: www.oann.com
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