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Singapore – May Consumer Price Index
23/06/2022 03:03 pm MYT
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In May, the consumer price index (CPI) rose 1.0% month-on-month and 5.6% year-on-year (figure 1).


Month-on-month, the MAS core inflation, which excludes accommodation and private road transportation costs, rose 0.4%. On a year-on-year basis, the core inflation increased by 3.6%.


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



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