Singapore CPI remains in a 4-year decline as the city-state elections

Inflation of Singapore In March, he remained at the four-year heights, 0.9% in the city-state consumer price index, the year during the year.

Singapore’s Money Office said In March, the increase in food and private transport expenditures, mainly contributed to the hood inflation.

March inflation was 1.1% of the survey expectations of Reuters, as in February 0.9%. In a month, the CPI decreased by 0.1% in March.

The main inflation – What strips with privacy and habitat prices – 0.5% of the readings of February 0.6% to 0.5%. This was due to the reduction in inflation with the food prohibited food in large core CPI.

Inflation Reading Singapore, who went for general elections on May 3, Wednesday candidates expanded for a general election as campaigned because they present candidacy documents.

Prime Minister Lawrence Wong said A video Tuesday It was the “real concern” for the pressure on the cost of the cost. “This is due to the violations of the wars, the global supply chain in Europe and the Middle East, and now due to tariffs and trade wars.”

Singapore mitigated the monetary policy For the second straight time in April, because the city-state is watching zero growth after 3.8% expanding to expand the expected GDP for the first quarter. The latest readings allow you to relieve and grow the country’s policy.

GDP growth in Singapore’s annual quarterly, 4.3% of economists from Reuters missed expectations and was lower than the 5% expansion in the last quarter of 2024.

The country’s Ministry of Commerce and Industry has dropped from 1% to 0% to 0% to 0% to 0% for 2025 – Mas forecasted the growth of GDP for 2025.

In release, The MTI has been declining in the decline in production, as well as some services sectors such as finance and insurance.