Singapore core inflation rises 2 percent in September
Singapore core consumer prices increased by 2 percent year-on-year in September falling short of analyst expectations. Headline inflation matched forecasts at 2.2 percent following steady monetary policy.
Singapore's core inflation rate rose 2% in September from a year earlier, official data showed on Friday morning. The reading came in below the median forecast of 2.3% in a Reuters poll and down from August's 2.2% level. Investors are weighing the softer price pressures against robust economic growth forecasts across the region.
