Meanwhile, core inflation – which excludes accommodation and road transport costs – was 0.6%, down from the 0.7% from the month before. This brings Singapore’s inflation level to the lowest it has been since March 2016.
SINGAPORE (Nov 26): Singapore’s headline and core inflation eased in October, contrary to economists’ expectations that they would hold steady.
Headline inflation – the measure of the total inflation in the economy – came in at 0.4%, down from the 0.5% recorded in September, according to the consumer price index (CPI) released by the Department of Statistics on Monday.
