Towards Financial Freedom
Singapore CPI, August 2012 - Decelerating Further
Consumer Price Index (CPI) slowed for the second consecutive month to +3.9% YoY in Aug 2012 (Jul 2012: +4.0% YoY: Consensus +3.8% YoY). Core inflation rate (ex-accommodation and private road transport) also dipped for the second consecutive month to +2.2% YoY (jul 2012: +2.4% YoY). From the previous month, the seasonally adjusted MoM inflation rate picked up to +0.6% MoM in August 2012 (Jul 2012: +0.2% YoY). Year to date, headline inflation averaged +4.8% YoY (Jan-Aug 2011: 5.1% YoY), while core inflation stood at +2.8% YoY (Jan-Aug 2011: 2.1% YoY). Our full-year inflation rate forecast is +4.4% (2011: +5.2%), which is at the top end of the official forecast of between +4% to +4.5%.
Source: Maybank Kim Eng
Source: Maybank Kim Eng
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
