Monthly Review: First foreign equity inflow in months signals a turnaround in risk appetite
Headline inflation moderated to 1.2% in May (Apr: 1.4%), driven by slower price increases in food and beverages as well as housing, water, electricity and gas, while prices in the transportation sector remained unchanged from April. Although the upcoming implementation of the 8% Sales and Services Tax (SST) on 1 July may add modest price …