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On October 22, 2019, Singapore shows a sign for Singapore.
Ore Huiying | Bloomberg | Gets the image
Singapore consumer price index grew by 0.9% per year in FebruaryNoting its slowest growth over the four years, the Monday Statistics Department said.
This indicator meant the expectations of the economists surveyed by Reuters, and below January 1.2%.
The main inflation, which deprives the cost of living and private transport, was 0.6%, below 0.8%, noticed in January, and 0.7%are waiting for Reuters poll.
Inflation in Singapore is largely in the tendency to reduce, which led to the country’s monetary power weaken your monetary policy For the first time since 2020, in January, citing faster than expected, inflation decrease and growth slowing.
In 2025, Singapore’s monetary power was projected to an average of 1.5% -2.5% compared to 2.4% in 2024.
In January, MAS also lowered its predictions on main inflation October 2024 The issue of monetary policy.
According to forecasts, Singapore GDP growth will increase by 1% -3% more than 2025, more slowly than 4.4%, noticed in 2024.