24 Jan '11, 7am

Consumer prices in #Singapore rose by a 23-month high of 4.6% in December, showing the inflationary risks facing #Asia.

Consumer prices in #Singapore rose by a 23-month high of 4.6% in December, showing the inflationary risks facing #Asia.

SINGAPORE: Data released on Monday by the Department of Statistics (DOS) showed that the consumer price index (CPI) rose by 4.6 per cent on-year. Higher costs in transport, housing and food led to the price hike. DOS said that excluding housing, the consumer price index went up by a lower 4.3 per cent. Meanwhile, compared to the previous month, CPI in December rose by 0.2 per cent due to higher costs of transport, food and recreation. DOS said the increase more than offset the decline in housing cost. It added that excluding housing, the consumer price index was 0.5 per cent higher. And for the full year of 2010, the consumer price index rose by 2.8 per cent compared with 2009. Excluding housing costs, the consumer price index for 2010 grew by 3.3 per cent.

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

Tweets

DTN Singapore: Singapore's December manufacturi...

channelnewsasia.com 26 Jan '11, 5am

SINGAPORE: Singapore's manufacturing output rose nine per cent from a year earlier in December, according to figures relea...

MAS reiterates inflation to remain high in H1: ...

channelnewsasia.com 26 Jan '11, 1pm

SINGAPORE : The Monetary Authority of Singapore (MAS) reiterated its stance on inflation, saying inflation is likely to re...

Japan consumer prices slide, unemployment eases

channelnewsasia.com 28 Jan '11, 1am

TOKYO: Japan's consumer prices continued to slide in December, marking the 22nd straight monthly decline as the economy re...

China showing signs of Japan-style asset inflation: analysts

China showing signs of Japan-style asset inflat...

channelnewsasia.com 31 Jan '11, 3pm

SINGAPORE : Experts have said that China is showing signs of Japanese-style asset inflation seen in the 1980s. They said C...

December NODX rises 9.4% on year, 8.9% on month...

channelnewsasia.com 17 Jan '11, 6am

SINGAPORE: Singapore's non-oil domestic exports (NODX) rose 9.4 per cent on-year after a rise of 9.9 per cent in November....

Rising inflation seen in Asia

channelnewsasia.com 18 Jan '11, 5pm

SINGAPORE : The inflation war in the region is far from over. Economists say that is because Asia is a primary importer of...

[SINGAPORE] December home sales lower but still...

straitstimes.com 17 Jan '11, 10pm

Even in the traditionally slow month of December, new private homes sales for reached 1,332 units. -- PHOTO: CAPITALAND SA...

Killings of newborn babies on the rise in Pakistan

straitstimes.com 17 Jan '11, 3am

Pakistani volunteers take the corpses of two infants from a private charity's morgue in Karachi during the burial service....

US oil prices fall on high inventories

channelnewsasia.com 21 Jan '11, 9pm

NEW YORK: US oil prices dropped for the fourth straight day in New York on Friday, after weekly data showed a surprisingly...

S'pore Manufacturing Dec 2010: Up 9% year-on-year #manufacturing

S'pore Manufacturing Dec 2010: Up 9% year-on-ye...

straitstimes.com 26 Jan '11, 5am

Total manufacturing output grew 9 per cent in Dec 2010, the Singapore Economics Development Board said. -- PHOTO: AFP MANU...

Asia faces the risk of overheating and 'devastating' food inflation, said IMF chief Dominique Strauss-Kahn.

Asia faces the risk of overheating and 'devasta...

straitstimes.com 01 Feb '11, 7am

DEVELOPED COUNTRIES ALSO AT RISK Concerns about rising debt in developed countries, meanwhile, have increased in recent mo...

Oil prices down in Asia

channelnewsasia.com 28 Jan '11, 3am

SINGAPORE: Crude prices fell in Asian trade on Friday as investors braced for further interest hikes in China, the world's...

Soaring British inflation sparks fresh rate-hik...

channelnewsasia.com 18 Jan '11, 6pm

LONDON: British inflation soared to an eight-month high in December, official data showed on Tuesday, sparking fresh specu...

US consumer spending up 3.5% in 2010

US consumer spending up 3.5% in 2010

channelnewsasia.com 31 Jan '11, 2pm

WASHINGTON : US consumers streamed back to the shops in 2010, spending more on virtually everything according to official ...

More REITs to make debut on S'pore Exchange: by...

todayonline.com 16 Jan '11, 10pm

SINGAPORE - At least seven real estate investment trusts (REITs) that could raise around $4 billion are expected to make t...