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Inflation levels ease in October, expected to stay muted in 2020

Amala Balakrishner
Amala Balakrishner11/26/2019 12:04 PM GMT+08  • 3 min read
Inflation levels ease in October, expected to stay muted in 2020
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SINGAPORE (Nov 26): Singapore’s headline and core inflation eased in October, contrary to economists’ expectations that they would hold steady.

Headline inflation – the measure of the total inflation in the economy – came in at 0.4%, down from the 0.5% recorded in September, according to the consumer price index (CPI) released by the Department of Statistics on Monday.

Meanwhile, core inflation – which excludes accommodation and road transport costs – was 0.6%, down from the 0.7% from the month before. This brings Singapore’s inflation level to the lowest it has been since March 2016.

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