Singapore's core inflation at 5.1% in December, averaged 4.1% for 2022

SINGAPORE: Singapore’s core inflation came in at 5.1 per cent a year-on-year (y-o-y) basis in December, unchanged from November, according to the Monetary Authority of Singapore (MAS) and the republic’s Ministry of Trade and Industry (MTI).

"Smaller price increases for retail and other goods and electricity and gas were offset by higher inflation for food and services,” MAS and MTI said in a joint statement today.