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View Full Version : Singapore Says Inflation to Stay Elevated After Reaching 5.4% - Bloomberg



NewsWhore
05-23-2012, 02:20 AM
Singapore Says Inflation to Stay Elevated After Reaching 5.4% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF9RE_2xi1EaR5aJJeI5mRc4iDqhQ&url=http://www.bloomberg.com/news/2012-05-23/singapore-says-inflation-to-stay-elevated-after-reaching-5-4-.html)
Bloomberg
Singapore's central bank, which uses the exchange rate to manage inflation, said last month it will increase “slightly” the slope of the currency trading band, and raised its forecast for consumer-price gains to 3.5 percent to 4.5 percent in 2012.

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