Singapore's consumer price index (CPI) in September 2008 rose 6.7% as compared to the same month of 2007. October's CPI could be higher than September's due to increase in electricity tariff and zero appreciation of the Singapore dollar. We shall wait next month for October's report.
From current inflationary figures, inflation rate is not going to ease as wished.
Consumer Price Index for September 2008 [via]
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