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Singapore Core Inflation Cools While Acceleration Risks Loom

  • MAS core CPI measure at 2.2% last month, vs 2.4% in January
  • Central bank warns of geopolitical, pandemic risk to prices
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Core inflation in Singapore cooled slightly last month but is expected to pick up further in the near-term, setting the stage for further policy tightening by the country’s central bank in the coming weeks.