Singapore’s headline consumer price index fell in April from a year earlier for a record 18th straight month, but the pace of decline moderated due to a low-base comparison, official data showed on Monday.
The all-items consumer price index (CPI) fell 0.5 percent from a year earlier, after sliding 1.0 percent in March, and compared to median 0.7 percent decline forecast in a Reuters poll.
Singapore’s core inflation gauge rose 0.8 percent in April from a year earlier, the biggest increase since March 2015. The median forecast was for an increase of 0.9 percent.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.