As Singapore is poised to enter Phase 3 of the reopening of its economy, the MAS Core Inflation and CPI-All Items inflation recorded -0.1% on a y-o-y basis in November, compared to -0.2% in October.

The slower rate of decline in November was mainly due to a smaller fall in the costs of services and electricity & gas, as well as higher food inflation.

Meanwhile, private transport and accommodation inflation stayed broadly unchanged in November compared to October.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook