Singapore overall inflation rises to 3.2% in October, highest in more than eight years

Core inflation is at its highest since March 2019, on the back of rising service and food prices. - The Straits Times/ANN

SINGAPORE, Nov 23 (The Straits Times/ANN): Singapore’s overall inflation rose to a more than eight-year high in October, helped by higher car prices and housing rents, while core inflation climbed to its highest in nearly three years.

Both benchmarks rose faster than economists had predicted.