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Briefs: Singapore’s headline inflation rebounds to 3.7% y-o-y; Jack Ma boosts Alibaba with stock purchase

The Edge Singapore
The Edge Singapore • 8 min read
Briefs: Singapore’s headline inflation rebounds to 3.7% y-o-y; Jack Ma boosts Alibaba with stock purchase
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Quoteworthy: "If we do not win, I think our country is finished" –— Donald Trump in his victory speech after beating Nikki Haley at the Republican’s New Hampshire primaries

Headline inflation rebounds to 3.7% y-o-y

Singapore’s CPI-All Items inflation — or headline inflation — rebounded to 3.7% y-o-y in December 2023, slightly up from the 3.6% y-o-y print in November. Similarly, the Monetary Authority of Singapore (MAS) core inflation rebounded to 3.3% y-o-y in December, up from the 3.2% y-o-y reading in November.

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