Consumer prices in Singapore continued to climb in August and core inflation hit a near 14-year high, on the back of more costly services and food.
Core inflation, which excludes costs of private transport and accommodation and reflects the expenses of Singaporean households more accurately, hit 5.1 per cent year on year, up from 4.8 per cent in July. This marks its highest level since it touched 5.5 per cent in November 2008.
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Core inflation, which excludes costs of private transport and accommodation and reflects the expenses of Singaporean households more accurately, hit 5.1 per cent year on year, up from 4.8 per cent in July. This marks its highest level since it touched 5.5 per cent in November 2008.
More at https://shrtcô.de/qCkoaF