Singapore’s core inflation falls to 0.6% in February, lowest in nearly four years

Quick Summary:

The last time core inflation was lower was in March 2021, when it came in at 0.5 per cent.

The cost of retail and other goods fell less steeply, from -0.6 per cent in January to -0.4 per cent in February, due to smaller declines in the prices of clothing, footwear, and furniture and furnishings.

Overall inflation is expected to average between 1.5 per cent to 2.5 per cent for the year, reflecting an anticipated pickup in private transport.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Private Transport Singapore’s Falls Increases February January Prices Inflation Cent Core

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 13:00:32 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 576 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 27269037

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