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Singapore – Dec Consumer Price Index
24/01/2022 02:04 pm MYT
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In Dec, the consumer price index (CPI) increased by 0.5% month-on-month and 4.0% year-on-year (figure 1).
 

Month-on-month, the MAS core inflation, which excludes accommodation and private road transportation costs, edged up by 0.6%. On a year-on-year basis, the core inflation increased by 2.1%.
 

Rising inflation rates of Singapore’s key trading partners as well as a recovery of domestic economic activities, will support a steady increase in core inflation in the coming months.

 

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Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
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