Singapore November headline prices rise 3.8%, fastest in nine years

singapore-river - 620

SINGAPORE, Dec 26 (Reuters): Singapore's November headline prices rose by their fastest pace in nearly nine years on higher private transport and services costs, while the government also slightly increased its 2021 outlook for the measure.

Headline inflation rose by 3.8%, exceeding economists' forecast of 3.35% and 3.2% in October. That is the most it has risen since February 2013.