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flag Singapore's core inflation rose to 2.7% YoY in August, driven by increased services costs.

flag In August, Singapore's core inflation reached 2.7% year-on-year, marking its first rise in six months, driven by increased services costs. flag Headline inflation eased to 2.2% due to falling private transport prices. flag Both inflation rates surpassed economists' forecasts. flag The Monetary Authority of Singapore maintains its 2022 inflation predictions, expecting core inflation to average between 2.5% and 3.5%, and overall inflation to range from 2% to 3%.

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