Inflation could be the next big risk for investors
High and rising inflation is generally negative for equities, though energy stocks and Reits may outperform
Add BT as a preferred source
SINGAPORE'S inflation data for March, released this past week, hewed to a global trend that has been making some market watchers nervous.
The headline consumer price index (CPI) climbed 1.3 per cent year-on-year in March, a significantly faster rate of increase than the 0.7 per cent recorded for February and the 0.2 per cent for January.
The Monetary Authority of Singapore's (MAS) core inflation rate (which excludes the accommodation and private transport components of the CPI) came in at 0.5 per cent for March, up from 0.2 per cent in February and minus 0.2 per cent in January.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot
UK PM Starmer resigns; new leader to be in place by September
