Singapore core inflation drops to 2.1% in October, lowest in almost three years

Quick Summary:

SINGAPORE - After two straight months of rising, both core and overall inflation in Singapore dropped sharply in October.

Singapore core inflation drops to 2.

The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said services inflation, which has been on an easing trend, should slow further through the rest of 2024.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: 2024 Singapore Drops Services Drop Inflation Cent Year Months Slower Core

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 13:10:11 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23814389

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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Year Established: 1845

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Publisher ID: #25

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