Singapore on Monday reported a lower-than-expected rise in consumer prices for April at 1.8% on the back of a smaller increase in services and retail inflation. Reuters-polled economists had estimated headline inflation at 2%. Core inflation — which strips out prices of private transport and accommodation — came in at 1.4% compared with expectations of 1.7%. The Monetary Authority of Singapore, however, said that the city-state's imported cost pressures are expected to pick up and broaden in

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