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Singapore all-items CPI up 2.4% in August; core inflation up by 1.1% y-o-y

Felicia Tan
Felicia Tan9/23/2021 3:3 PM GMT+08  • 4 min read
Singapore all-items CPI up 2.4% in August; core inflation up by 1.1% y-o-y
MAS core inflation is still expected to average between 0-1%; CPI-All items inflation is forecast to come in between 1-2% in 2021.
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Singapore’s headline and core inflation have reflected increases in the month of August, according to figures released by the Department of Statistics Singapore (SingStat).

During the month, Singapore’s headline consumer price index (CPI) rose 2.4% y-o-y in August, easing from the 2.5% y-o-y growth in July.

Meanwhile, MAS core inflation edged up to 1.1% y-o-y in August, from 1% y-o-y in July.

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