Singaporean headline inflation likely to have accelerated slightly in March
Singaporean headline inflation data for the month of March is set to release tomorrow. According to a DBS Bank research report, the consumer price inflation is likely to have reached 0.8 percent on a year-on-year basis. …
Singaporean headline inflation data for the month of March is set to release tomorrow. According to a DBS Bank research report, the consumer price inflation is likely to have reached 0.8 percent on a year-on-year basis. Inflation has persistently surprised on the downside.
Lower global oil prices at the beginning of 2019 and lower electricity tariffs have limited inflation. Going forward, inflation is likely to pick up along the stable rise in oil prices. However, a sharper than expected fall in electricity prices because of the liberalization in the electricity market should tamper domestic price pressure and keep inflation in check.
“We have lowered our inflation forecast to 1.1 percent to reflect such benign inflationary environment. Though inflation will pick up in the coming months, the pace of increase will be modest”, added DBS Bank.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
