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

By Thomson Reuters Dec 22, 2024 | 11:05 PM

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

The core inflation rate – which excludes private road transport and accommodation costs – was lower than the 2.1% forecast by a Reuters poll of economists and compared with 2.1% rise seen in October.

(Reporting by Bing Hong Lok; Editing by Martin Petty)