Singapore's Oct all-items CPI rise 0.4% y-o-y, below forecast

(Nov 23): Singapore's headline consumer price index rose a slower-than-expected 0.4% in October from a year earlier due to declining accommodation costs, data showed on Thursday.

The rise compared with the median forecast in a Reuters poll for all-items CPI to gain 0.5%. In September, headline CPI also rose 0.4% year-on-year.

Accommodation costs declined 4.2% in October from the year earlier, after falling 3.9% the month before.

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