Singapore's Core Inflation Hits 2.5%, Lowest Since Early 2022

Reported about 2 months ago

In July, Singapore's core inflation increased by 2.5% year-on-year, marking the lowest rise since February 2022. This rate falls short of the predicted 2.9%, indicating a continued cooling of inflation from its peak of 5.5% earlier this year. Meanwhile, the Monetary Authority of Singapore anticipates further easing of core inflation towards the end of the year.

Source: YAHOO

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