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Singapore all-items CPI up 3.8% y-o-y in November, MAS core inflation up 1.6% y-o-y

Atiqah Mokhtar
Atiqah Mokhtar12/23/2021 1:36 PM GMT+08  • 3 min read
Singapore all-items CPI up 3.8% y-o-y in November, MAS core inflation up 1.6% y-o-y
The all-items CPI is forecasted to come in at 2.3% for 2021, higher than the 2% forecasted previously
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Singapore’s headline and core inflation continued to rise in November, with both metrics increasing on a y-o-y basis according to figures released by the Department of Statistics Singapore (SingStat) on Dec 23.

Singapore’s headline consumer price index (CPI), or all-items CPI, rose 3.8% y-o-y in November, compared to the 3.2% increase logged in October.

Meanwhile, MAS core inflation, which excludes the accommodation and private transport sectors, inched up 1.6% y-o-y in November, slightly higher than the 1.5% increase recorded the month before.

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