Singpore inflation in Aug up 5.7 percent on higher food and housing costs

Bloomberg, 23 Sep 2011
Singapore’s inflation unexpectedly accelerated to the fastest pace since 2008 as housing and food costs climbed, complicating the central bank’s decision ahead of a policy review next month as risks to growth rise.
The consumer price index rose 5.7 percent in August from a year earlier, the Department of Statistics said in a statement today. That compares with the 5.2 percent median estimate of 18 economists surveyed by Bloomberg News. Inflation was 5.4 percent in July, according to previously reported data. Full story