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Singapore Economy Sees Inflation Rates Decline to 1.6 Percent

April 23rd, 2009 · No Comments

Inflation in the Singapore economy slowed to 1.6 percent according to Bloomberg

The Singapore economic news puts Singapore’s inflation rate at a 21 month low.

The Monetary Authority of Singapore does not expect the decline in prices to negatively impact the Singapore economy despite the continued threat of a prolonged global recession.

Tags: Singapore Economy

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