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Peak in inflation yet to come as Singapore’s core and headline inflation jumps to 10-year high

Felicia Tan
Felicia Tan4/25/2022 06:27 PM GMT+08  • 6 min read
Peak in inflation yet to come as Singapore’s core and headline inflation jumps to 10-year high
At an NTUC in Tanjong Pagar. Photo: Albert Chua/The Edge Singapore
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Singapore’s core and headline inflation figures have surpassed analysts’ expectations in March 2022.

During the month, the Monetary Authority of Singapore (MAS) core inflation rose to 2.9% on a y-o-y basis, which is the highest since March 2012.

The figure, which matches the print in February 2012, was driven by higher inflation for food and services.

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