Singapore CPI Rises to 10-Year High on War, Covid Disruptions

Bloomberg2022-04-25

MAS core inflation up 2.9% in March after 2.2% in FebruaryCentral bank says Ukraine, Covid remain risks for price growthCore inflation in Singapore accelerated faster than expected to the highest in a...

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Comments

  • Riker
    2022-04-26
    Riker
    Expensive living becoming more expensive.... 
  • junkow
    2022-04-26
    junkow
    Ok
  • robot1234
    2022-04-26
    robot1234
    China lockdown ramps up inflation scare for global markets. On Monday, investors awoke to the idea of China locking down Beijing - a city of more than 20 million people - adding to worries about supply stresses that are keeping the heat on prices. Inflation is definitely front and centre of investors’ concern, and of course the China story feeds further into that inflation pressure because China is the mother of all supply chains. The inflation flare-up, along with the increasingly aggressive response of central banks, is already taking a toll on demand, spending and corporate earnings. Russia’s invasion of Ukraine has compounded concerns about both price pressures and economic growth, with some seeing a danger of a bout of stagflation.
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