Singapore's core inflation rate remained at 3.1% in April, offset by lower services and food costs.
Singapore's core inflation rate held steady at 3.1% in April, remaining unchanged from March. The increase in energy and retail inflation was offset by lower services and food costs, according to the Ministry of Trade and Industry and the Monetary Authority of Singapore. Core inflation, which excludes private transport and accommodation, is expected to range between 2.5% and 3.5% this year.
May 23, 2024
9 Articles