Consumer inflation in Singapore may have slowed in February.

According to a survey of five economists, the median estimate shows that Singapore's Consumer Price Index (CPI) may increase by 1.2% year-on-year in February, compared to a 1.4% increase in January. The team of economists at DBS Group wrote in a report that overall inflation may be moderating, due to a slower increase in accommodation prices and stable private transportation prices. The survey indicates that the core CPI, excluding private road transport and accommodation prices, may rise by 1.3%, higher than the 1.0% increase in January. DBS Group stated that the acceleration in core inflation is due to a low base effect, as well as the Lunar New Year holiday pushing up food prices. The CPI data is scheduled to be released on Monday.