Singapore’s headline and core inflation remained in the green, with both metrics up y-o-y in the month of July, according to figures released by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) on Aug 23.

MAS Core inflation, which measures price increments excluding the accommodation and private transport sectors, grew 1.0% y-o-y in July, from 0.6% in June, mainly driven by higher electricity & gas costs.

Headline inflation, or CPI-All items inflation, which measures total inflation in the economy, rose by 2.5% y-o-y in July, the highest since November 2013.

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