Singapore's core inflation eased to 3.1% in March, mainly due to slower price rises in food and services.

Singapore's core inflation eased to 3.1% in March, driven mainly by slower price rises in food and services, according to data from the Monetary Authority of Singapore and the Ministry of Trade and Industry. This is lower than the 3.5% forecast by a Reuters poll of economists and compares with 3.6% in February. The headline inflation slowed to 2.7% on-year in March, down from 3.4% in February.

April 23, 2024
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