Singapore’s core inflation rises to 4.4% in June ...Middle East

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SINGAPORE: The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) announced on Monday that the MAS core inflation on a year-on-year basis rose to 4.4% in June from 3.6% in the previous month, reported Xinhua.Meanwhile, the CPI-All Items inflation rose to 6.7% year on year in June from 5.6 per cent in May.Singapore’s MAS core inflation excludes the costs of accommodation and private transport, and CPI-All Items inflation represents the rise in the consumer price index (CPI) for all items.According to MTI and MAS, the increase in core inflation this June reflected stronger price increases across the broad categories of services, food, retail and other goods, as well

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