Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years

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SINGAPORE: Singapore's key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists' forecasts and the smallest rise in nearly three years, official data showed on Monday.

Singapore Nov core inflation at 1.

Last month, the trade ministry raised its GDP growth forecast for 2024 to 3.5% from a previous range of 2.0% to 3.0%, after third-quarter growth surpassed expectations at 5.4%.

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Category: EconomyBusiness

Markets: MalaysiaLaosSingapore

Topics: Inflation Economy Consumer price index /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 14:45:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 351 words

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News ID: 24591802

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