Singapore's core inflation rate eased to a nine-month low in February, rein...
People chat as the skyline of Singapore's financial district is seen in the background April 14, 2014. REUTERS/Edgar Su
The core inflation rate was 1.5 percent on a year-on-year basis, data showed on Monday, its lowest since May 2018, and below the median forecast in a Reuters poll for a 1.7 percent rise. The MAS tightened policy at each of its semi-annual meetings in 2018, the first tightening in six years. Its meeting next month comes against the backdrop of a raft of underwhelming domestic data and concerns over the health of the global economy.
Meanwhile, Singapore’s headline consumer price index edged up 0.5 percent in February from a year earlier, due to more gradual declines in private road transport and accommodation costs.
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