Singapore Raises 2011 Inflation Forecast
February 17, 2011 at 00:36 AM EST
Singapore’s economy expanded at a slower pace than first estimated in the 4th Q of 2010, but the government raised its inflation forecast for this year. The Ministry of Trade and Industry said Thursday it expects the island state’s inflation rate to reach 3% to 4% this year, higher than its previous forecast of 2%-3%, [...]
