Monday, March 26, 2012

Inflation eases to 4.6% in February

Straits Times: Sat, Mar 24
INFLATION came in a touch lower than expected last month, but it remains stubbornly high with some economists predicting an eventual hike in the Government's full-year forecast.

The consumer price index rose 4.6 per cent last month compared with that in the same period last year, slightly below the 4.9 per cent tipped by economists.

It was also down on the 4.8 per cent recorded in January...

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