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22 Nov 2012 08:00
DJ PREVIEW:
Singapore Inflation Rate Likely Eased to 4.5% in October
SINGAPORE--Singapore inflation likely slowed slightly in October as transport costs eased off.
The consumer price index likely rose 4.5% from a year earlier and 4.7% from September, according to the median estimate of nine economists polled by Dow Jones Newswires.
Certificates of entitlement premiums for private vehicles declined in September, which should help to take some steam out of headline inflation, Citi economist Wei Zheng Kit said.