SINGAPORE'S consumer prices rose 1.2 per cent in March from a
year ago, as inflation rebounded from February's four-year low of 0.4
per cent on the back of rising food and healthcare costs.
This was slightly above the 1.1 per cent the market was expecting,
going by the median forecast of 19 economists polled by Bloomberg before
Singapore's Department of Statistics released price data on Wednesday.
Food inflation rose to 2.9 per cent in March, from 2.3 per cent in February, while healthcare inflation eased to 3.4 per cent in March, from 4 per cent in February.
These contributed to a rise in the MAS core inflation measure, which strips out volatile property and car prices.
Food inflation rose to 2.9 per cent in March, from 2.3 per cent in February, while healthcare inflation eased to 3.4 per cent in March, from 4 per cent in February.
These contributed to a rise in the MAS core inflation measure, which strips out volatile property and car prices.
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