Overall inflation stood at 0.8 per cent in January, unchanged from the previous month.- ST
SINGAPORE (The Straits Times/ANN): Core inflation in Singapore slowed sharply in January to a four-year low on the back of a steeper fall in the prices of goods, lower services inflation as well as a rebasing of the consumer price index (CPI), according to official data released on Monday (Feb 24).
Looking ahead, economic uncertainty, including the effects of the coronavirus outbreak, will likely discourage firms from passing on any cost increases to consumers, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) said in a report commenting on the data.
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