Inflation in Singapore held steady at 1.8% in May, falling short of economists' expectations as lower prices for telecommunication services helped offset increases in private transport, accommodation, retail and food costs. The figure was below the 2% expected by economists polled by Reuters and unchanged from the 1.8% recorded in April. Higher car and motorcycle prices drove up private transport inflation. Core inflation, which strips out accommodation and private transport costs, came in at 1.

Tag-uri: Inflatie