Singapore’s core inflation inches up on transport, healthcare
Cynthia Li / Bloomberg • • 1 min read
The overall inflation rate came in at 0.7% last month from a year ago, higher than the 0.6% survey median estimate. Photo: Bloomberg
Follow us on Facebook and join our Telegram channel for the latest updates.
Singapore’s key inflation gauge rose at a slightly faster pace in September after two months of deceleration, led by public transport and healthcare costs.
The core inflation rate, which excludes housing and private transportation costs, stood at 0.4% in September from a year earlier, according to a statement by the Department of Statistics Singapore on Thursday. That’s higher than 0.3% in August and the median estimate in a Bloomberg News survey.
Never miss out on important financial news and get daily updates today
×
Download The Edge Singapore App
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
