Singapore's core inflation at 5.1 pct in November 2022

• Published date: 23 December 2022
• Publication title: ASEAN Tribune

23 December 2022 (NAM NEWS NETWORK) SINGAPORE- Singapore's core inflation stood at 5.1 per cent on a year-on-year (y-o-y) basis in November 2022, unchanged from October, according to the Monetary Authority of Singapore (MAS) and the republic's Ministry of Trade and Industry (MTI).

'This was because smaller increases in the costs of services and electricity and gas were broadly offset by a steeper pickup in the costs of retail and other goods and food,' said MAS and the ministry in a joint statement Friday.

The central bank's...