Inflation & Prices
Singapore November Core Inflation Signals Subdued Demand
- Core inflation edges lower to 3.2% on-year in November
- All-items inflation comes it at the lowest in 25 months
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Singapore’s core inflation edged lower in November, giving the central bank room to extend its monetary-policy pause next month to support the economy.
Official data showed core inflation quickened 3.2% from a year ago, in a sign of subdued consumer demand. That matched the median estimate in a Bloomberg survey of economists and compared with the 3.3% pace in October.