SINGAPORE, Aug 24 (The Straits Times/ANN): Core inflation fell deeper into negative territory in July due to a steeper decline in the cost of electricity and gas, and lower inflation for non‐cooked food.
Core inflation, which excludes accommodation and private road transport costs, came in at minus 0.4 per cent in July, down from minus 0.2 per cent in June. This is the lowest since core inflation hit minus 0.5 per cent in January 2010.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!