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Singapore's inflation eases in October

0 Comment(s)Print E-mail Xinhua, November 25, 2024
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SINGAPORE, Nov. 25 (Xinhua) -- Singapore's core inflation, as measured by the consumer price index (CPI), declined to 2.1 percent year-on-year in October from 2.8 percent in September, official data showed Monday.

The decrease was due to a moderation in services, electricity and gas, as well as retail and other goods inflation, according to the Ministry of Trade and Industry and the Monetary Authority of Singapore.

The core CPI excludes private transport and accommodation costs to better reflect household expenses.

The all-items inflation in Singapore eased to 1.4 percent in October from 2.0 percent in September. Enditem

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