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Maybank expects muted headline inflation to prevail this year

SINGAPORE (June 24): Maybank Kim Eng is retaining its 2016 headline inflation forecast at –0.4% on the dissipating effect of lower global oil prices and Singapore’s Budget 2015 measures that included rebates, subsidies and reduction of levies.

Singapore May headline inflation contracts for 19th straight month

SINGAPORE (June 23): Singapore’s Consumer Price Index-All items inflation has fallen year-on-year by 1.6% in May, which is slightly over three times more than the 0.5% decline reported the month before.
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