Halister News

(Bloomberg) -- Singapore’s CPI will remain negative for a 15th month in Jan., the longest streak of declines in almost three decades, economists’ forecasts unanimously suggest.

• Consumer prices probably fell 0.5% m/m following a 0.6% decline in Dec., according to median est. in Bloomberg survey; range is from -0.9% to -0.1%
• Data due 1pm local time tomorrow
• Central bank, Ministry of Trade and Industry said Jan. 25 that external sources of inflation are likely to remain muted, given ample supply buffers in the major commodity markets and weak global demand conditions
• USD/SGD closed little changed at 1.4302 that day; now at 1.4040