Singapore Core Inflation Rises to 2.2% in August
Core inflation rose as services, retail goods and food costs increased, while overall inflation reached 2.3% after private transport eased, SingStat said.
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Singapore Core Inflation Rises Third Month to Highest Since 2024
Global Market: Singapore core inflation hits nearly two-year high in August
In August, Singapore's core inflation rose to 2.2%, surpassing both the prior month's rate and expectations. Headline consumer price inflation also climbed to 2.3% year-on-year, indicating ongoing price pressures. The central bank anticipates that inflation levels will remain high into the following year. Moreover, the economic growth outlook for 2026 was notably increased to between 4.5% and 5.5%, highlighting the lasting challenges of inflatio…
Singapore core inflation rises to 2.2% in August
Singapore's core inflation rose 2.2 per cent in August from a year earlier, data from the Ministry of Trade and Industry (MTI) and the Monetary Authority of Singapore (MAS) showed.This was driven by an increase in food, retail and other goods, and services inflation, MTI and MAS said in a joint update on Wednesday (Sept 23).On a month-on-month basis, core prices — which excludes accommodation and private transport due to their volatility and ten…
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