Singapore’s core inflation rate cools to four-month low
Cynthia Li / Bloomberg • • 1 min read
The core inflation rate, which excludes housing and private transportation costs, stood at 0.5% in July from a year earlier, the lowest since March. Photo: Bloomberg
Follow us on Facebook and join our Telegram channel for the latest updates.
Singapore’s key inflation gauge in July cooled to the slowest pace of gains in four months.
The core inflation rate, which excludes housing and private transportation costs, stood at 0.5% in July from a year earlier, the lowest since March, according to a statement by the Department of Statistics Singapore on Monday. That’s lower than the 0.6% for both June 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.
