Singapore Dec CPI up for first time in 2 years


Higher inflation: People shop at a mall in Singapore. The island-state’s all-items CPI in December rose 0.2 from a year earlier. — Reuters

SINGAPORE: Singapore’s annual headline consumer price index (CPI) in December rose for the first time in more than two years, but weak consumption and a subdued labour market suggest that inflation will remain modest for some time.

The all-items CPI in December rose 0.2% from a year earlier, official data showed.

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Business , Singapore , economy

   

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