Good Articles to Share

Singapore August core inflation rises 5.1% vs forecast 5.0%

Tan KW
Publish date: Fri, 23 Sep 2022, 05:04 PM
Tan KW
0 428,334
Good.

SINGAPORE: Singapore's key consumer price gauge rose 5.1% in August, slightly more than forecast, driven by larger increases in the prices of services and food, official data showed on Friday.

The core inflation rate - the central bank's favoured price measure - rose to 5.1% in August on a year-on-year basis.

A Reuters poll of economists had forecast a 5.0% increase in August. Headline inflation rose to 7.5%, compared with economists' forecast of 7.2%.

 - Reuters

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment