Singapore core inflation rises to 2.7% in August, first increase in 6 months
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SINGAPORE: Singapore’s core inflation rose to 2.7 per cent year-on-year in August, the first time it has increased in six months. The last time core inflation rose was in February. The increase in August from the 2.5 per cent in July was largely due to a rise in services inflation, said the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) on Monday (Sep 23). A Reuters poll of economists had forecast a figure of 2.6 per cent for August. Overall or headline
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