Singapore's core inflation gauge in January hit its lowest level in four ye...
SINGAPORE - Singapore’s core inflation gauge in January hit its lowest level in four years, data on Monday showed, due to lower services and retail prices that authorities said would persist as the coronavirus outbreak dimmed the country’s economic outlook.
Core inflation is the Monetary Authority of Singapore’s preferred price gauge for setting monetary policy. It excludes changes in the price of cars and accommodation, which are influenced more by government policies.
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