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flag Singapore's core inflation hits 0.5%, marking six months of decline, below forecasts.

flag Singapore's core inflation dropped to 0.5% in March, a six-month consecutive decline, while overall inflation stayed at 0.9%, both below forecasts. flag The Monetary Authority of Singapore and the Ministry of Trade and Industry attribute the slowdown to lower prices in most categories except food. flag They expect inflation to average between 0.5% and 1.5% for the year, with risks leaning towards lower inflation due to global uncertainties.

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