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flag Singapore's inflation hits 0.6%, lowest in over four years, driven by lower prices and costs.

flag Singapore's inflation slowed in July to 0.6%, the lowest in four and a half years, falling below economists' forecasts. flag Core inflation dropped to 0.5%, driven by lower retail goods prices and reduced electricity and gas costs. flag The Monetary Authority of Singapore projects both core and overall inflation to average 0.5-1.5% for the year, amid potential risks from geopolitical shocks and weaker global growth.

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