SINGAPORE, Aug 23 — Singapore’s key consumer price gauge rose 2.5 per cent in July from a year earlier, the smallest increase since February 2022, official data showed...
‘This isn’t why I brought my mom to Malaysia,’ says son of woman who fell into Jalan Masjid India sinkhole
The core inflation rate — which excludes private road transport and accommodation costs — was lower than a 2.9 per cent forecast in a Reuters poll, and compared with the 2.9 per cent seen in June. Headline inflation in February was up 2.4 per cent from the same month last year, lower than the 2.5 per cent forecast in the poll. It was the lowest headline inflation rate since August 2021.
The Monetary Authority of Singapore expects core inflation to ease more significantly in the final quarter of this year. It has forecast core inflation at 2.5 per cent to 3.5 per cent this year.
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