Singapore April core inflation rises 3.3%, fastest in a decade

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Headline inflation rose to 5.4%, the fastest since April 2012 😟

Invest ₹18k & Get ₹2 Crore Return on Maturity and Unbiased Financial Advice from Top Experts on Policybazaar.comThe Indian government is considering spending an additional 2 trillion rupees in the 2022/23 fiscal year to cushion consumers from rising prices and fight multi-year high inflation, two government officials told Reuters.

India's Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, expects the central bank to allow it to resume taking on new customers in the next few months, a top executive told Reuters. In March, the Reserve Bank of India ordered a comprehensive audit of the company's IT systems, citing "material" supervisory concerns, without elaborating further, and barring it from taking on new customers.

 

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Singapore's April core inflation rises to 3.3%, fastest in more than 10 yearsSINGAPORE: Singapore’s core inflation accelerated to 3.3 per cent year-on-year in April from a previous 10-year high of 2.9 per cent in March, official data released on Monday (May 23) showed, driven by high
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