Singapore PM sees 5% or more inflation: newspaper

AFP
Tuesday, February 5, 2008

SINGAPORE -- Singapore's inflation rate could exceed five percent this year, the prime minister was

quoted as saying on Monday. "Last year, inflation was about two percent. This year, it could be five percent, maybe even more," The Business Times quoted Prime Minister Lee Hsien Loong as telling a Lunar New Year gathering. Lee was speaking in the lead-up to the national budget, which is to be delivered on February 15.

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Singapore PM sees 5% or more inflation: newspaper

AFPTuesday, February 5, 2008

AFP
Tuesday, February 5, 2008