Singapore Core Inflation Rate at 3-Year Low Core consumer prices in Singapore increased 1.9% year-on-year in November 2024, easing from 2.1% in the previous month and below market forecasts of 2.1%. This marked the lowest core inflation rate since November 2021, due to a moderation in food...
The article reports on the decline of the inflation rate in Singapore and relates the possibility for the Monetary Authority of Singapore (MAS) to ease policy as inflation rates fall. It relates the rate of decline in overall housing inflation and transportation inflation for June 2012. It ...
SINGAPORE, June 23 (Xinhua) -- The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said on Thursday that the MAS core inflation on a year-on-year basis rose to 3.6 percent in May from 3.3 percent in the previous month. Meanwhile, the CPI-All Items inflat...
SINGAPORE, Dec. 23 (Xinhua) -- The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) announced on Thursday that the MAS core inflation rose to 1.6 percent year-on-year in November, from 1.5 percent in October. This primarily reflected an increase in services in...
Singapore's MAS core inflation excludes the costs of accommodation and private road transport, and CPI-All Items inflation represents the rise in the consumer price index for all items. In May, Singapore's electricity and gas prices declined 1.9 percent, compared to the 2.4 percent decrease in ...
The core inflation rate - which excludes private road transport and accommodation costs - topped the 5.1% rise in December, according to the Monetary Authority of Singapore (MAS). A Reuters poll of economists had forecast a 5.6% increase in January. ...
Inflation has declined from a peak of 5.5% in early 2023 and December's rate is the lowest since November 2021, when it rose by 1.6%. Maybank analysts said inflation was now comfortably below 2% and they also expect the MAS to ease monetary policy via a slight reduction...
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·The benefit of Singapore’s policy regime is that we still retain the ability to alter exchange rate expectations, and thus domestic monetary conditions, independently of the Fed, and we have in fact taken advantage of this aspect of our policy regime for price stability. MAS sought to adj...
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