Singapore’s Core Inflation Cools to 18-Month Low in September
- Core inflation decelerates to 3% in Sept. from 3.4% in Aug.
- MAS and MTI release outlook for core inflation in 2024
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Singapore’s core inflation decelerated further in September, vindicating the central bank’s decision to leave monetary policy settings unchanged this month.
The core measure, which excludes housing and private transportation costs and is tracked by the Monetary Authority of Singapore, cooled to 3% from a year ago, official data showed Monday.