Singapore's key consumer price gauge came in above expectations in April, data showed on Friday, but it remained at a low level and authorities said the risks to inflation were tilted to the downside given the uncertain global economic environment.

Singapore’s key inflation gauge accelerated for the first time since September driven by an increase in healthcare, education and food prices.

Despite the rise, MAS and MTI said the risks to inflation are tilted towards the downside. Read more at straitstimes.com. Read more at straitstimes.com.