Singapore's core inflation rises to 3.6% in May, highest in more than 13 years - CNA


6/22/2022 12:00:00 AM2 years 10 months ago

SINGAPORE: Singapore’s core inflation in May hit its highest level in more than 13 years, led by rising prices of food and utilities. Core inflation, which excludes accommodation and private transport costs, came in at 3.6 per cent year-on-year in May, up fro…

MAS and MTI said that external inflationary pressures continue to be strong amid elevated global commodity prices, as well as ongoing supply chain frictions driven by both the Russia-Ukraine conflict… [+1373 chars]

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