Singapore core inflation remains at 3.1% in May
Singapore core inflation remains at 3.1% in May
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00:00Singapore's core inflation remained at 3.1 percent in May.
00:04This is slightly higher than the 3 percent forecast by a poll of economists.
00:09In April, there was a 0.1 percent increase in core inflation,
00:13which excludes accommodation and private transport.
00:16Meanwhile, due to higher private transport inflation, the consumer price index,
00:21or headline inflation, increased to 3.1 percent year-on-year in May from 2.7 percent in April.