Senior Economist at UOB Group Alvin Liew reviews the latest release of inflation figures in Singapore. Key Takeaways Singapore’s headline CPI inflatio
Senior Economist at UOB Group Alvin Liew reviews the latest release of inflation figures in Singapore.Singapore’s headline CPI inflation eased further to 4.1% y/y in Jul, from 4.5% y/y in Jun, coming off in line with our expectations but slightly missing market expectations . Core inflation also eased by a similar magnitude, coming in at 3.8% y/y in Jul, from 4.2% y/y in Jun and exactly in line with Bloomberg’s median estimate, but slightly above ours .
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