23 Feb '11, 5am

Singapore's inflation hits 3-year high

SINGAPORE: Singapore's inflation in January rose to its highest level since December 2008. Data released on Wednesday by the Department of Statistics (DOS) showed that the consumer price index (CPI) rose by 5.5 per cent on-year. This is higher than the 4.8 per cent forecast by economists and compared to the 4.6 per cent on-year rise in December last year. Higher costs in transport, housing and food led to the price hike last month. The cost of transport increased by 18.4 per cent due to higher car and petrol prices. Housing cost rose by 5.3 per cent following higher accommodation costs and electricity tariffs. DOS said excluding housing, the consumer price index went up by a lower 5.3 per cent. Meanwhile, compared to the previous month, CPI in January rose by 1.6 per cent due to higher costs of transport, housing and food. Housing cost rose by 2.7 per cent on-month due mai...

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

Tweets

S'poreans fear inflation may rise further: SINGAPORE : As the inflation rate hits a new high, Singaporeans are s...

S'poreans fear inflation may rise further: SING...

channelnewsasia.com 23 Feb '11, 1pm

SINGAPORE : As the inflation rate hits a new high, Singaporeans are scrambling to manage costs because they fear things co...

January's inflation highest in 27 months, up 5.5% (via ST iPhone App)

January's inflation highest in 27 months, up 5....

straitstimes.com 23 Feb '11, 8am

The Consumer Price Index (CPI) rose 5.5 per cent in January. -- ST PHOTO: CAROLINE CHIA INFLATION hit a 27-month high in J...

Sing$ hits new high against US dollar

Sing$ hits new high against US dollar

straitstimes.com 04 Mar '11, 3am

The Singapore dollar has powered further ahead in its long winning streak, hitting yet another high against the US dollar,...

Sing dollar hits new high against USD

channelnewsasia.com 03 Mar '11, 3am

SINGAPORE: The Singapore dollar hit a new high against the greenback on Thursday, at S$1.2691. It was one of many currenci...

S'pore expects inflation of 3-4%, up from 2-3%. What is your money-saving tip?

S'pore expects inflation of 3-4%, up from 2-3%....

straitstimes.com 17 Feb '11, 4am

THE Ministry of Trade and Industry (MTI) has revised its inflation forecast at 3 to 4 per cent, up from its earlier predic...

Inflation, low fertility rate among issues raised at post-Budget dialogue

Inflation, low fertility rate among issues rais...

channelnewsasia.com 26 Feb '11, 2pm

SINGAPORE: Inflation, Singapore's low fertility rate, and entrepreneurship - these were some topics raised by youths at a ...

DTN China: China targets 7% growth, cap on infl...

sg.news.yahoo.com 27 Feb '11, 3am

BEIJING (AFP) - – Premier Wen Jiabao on Sunday said China had set a lower than usual economic growth target and pledged to...

Budget 2011: MPs call for more help to fight inflation: SINGAPORE: Members of Parliament have called for more me...

Budget 2011: MPs call for more help to fight in...

channelnewsasia.com 28 Feb '11, 1pm

SINGAPORE: Members of Parliament have called for more measures to alleviate the impact of the rising cost of living, with ...

Cup corn may no longer be a cheap eat as the price of corn hits a 2yr high

Cup corn may no longer be a cheap eat as the pr...

straitstimes.com 12 Feb '11, 1am

Corn started rising earlier this week after the US Department of Agriculture forecast showed reserves of corn at their low...

China Premier Wen pledges to contain inflation

channelnewsasia.com 27 Feb '11, 2am

BEIJING - Chinese Premier Wen Jiabao pledged to contain soaring inflation in a web chat on Sunday that appeared timed to d...

Inflation soars in Europe, China

channelnewsasia.com 15 Feb '11, 2pm

LONDON - Britain's annual inflation rate hit a two-year high in January, official data showed Tuesday, as China and Spain ...

High tides, heavy rain expected over the weekend

channelnewsasia.com 18 Feb '11, 4am

SINGAPORE: High tides and heavy rain are expected over the weekend. The National Environment Agency (NEA) said high tides ...

Heavy rain coinciding with high tides up to 3.3...

todayonline.com 18 Feb '11, 4am

High tides of at least 3.3 metres are expected from Feb 19 to 21, according to the PUB. Heavy afternoon showers with thund...

Budget 2011 to include measures to cushion inflation impact: experts: SINGAPORE: Experts have said that Budget 2...

Budget 2011 to include measures to cushion infl...

channelnewsasia.com 13 Feb '11, 10am

SINGAPORE: Experts have said that Budget 2011 on Friday is likely to include measures to help cushion the impact of inflat...

The Government has raised its inflation forecas...

straitstimes.com 18 Feb '11, 2am

The Government on Thursday raised its inflation forecast for the year by one percentage point to between 3 per cent and 4 ...