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Singapore’s Inflation Slowed to Eight-Month Low in January

Singapore’s inflation slowed to an eight-month low in January.

The consumer price index rose 4.8 percent in January from a year earlier, the Department of Statistics said in a statement today. That was higher than the median estimate of 15 economists surveyed by Bloomberg News for a 4.7 percent gain. Inflation was 5.5 percent in December, according to previously reported data.

To contact the reporter on this story: Shamim Adam in Singapore at sadam2@bloomberg.net

To contact the editor responsible for this story: Stephanie Phang at sphang@bloomberg.net

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