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Singapore’s core inflation eases to 2% in September
The Business Times reports headline inflation also dipped to 2.2%, with both readings below economists’ consensus estimates.
TLDR
The Straits Times reports Singapore’s core inflation eased from 2.2% in August to 2% in September, while headline inflation fell from 2.3% to 2.2%. It attributes the overall decline to lower inflation in services, retail and other goods, and private transport. The Business Times reports both readings were below Bloomberg-polled economists’ median estimates of 2.3% and 2.4%, respectively.
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