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Serious Singapore in deflationary spiral
An honorable member of the Coffee Shop Has Just Posted the Following:
Singapore April all-items CPI falls on-year for 18th month http://www.cnbc.com/2016/05/23/singa...8th-month.html Singapore's headline consumer price index fell in April from a year earlier for a record 18th straight month, but the pace of decline moderated due to a low-base comparison, official data showed on Monday. We are in deflation mode. Click here to view the whole thread at www.sammyboy.com. |
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