Singapore's core inflation falls to 2.1% in October, lowest level since December 2021
Business
SINGAPORE: Singapore's core inflation fell to 2.1 per cent year-on-year in October, its lowest level in nearly three years. The decrease from 2.8 per cent in September was largely due to a moderation in services, electricity and gas, and retail and other goods inflation, said the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) on Monday (Nov 25). The last time core inflation was at 2.1 per cent was in December 2021. In general, it has been trending downwards since
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