Singapore core inflation stays negative but eases slightly in August

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SINGAPORE - The slide in Singapore's core consumer prices eased last month on smaller declines in the costs of services, retail and other goods, as well as electricity and gas.. Read more at straitstimes.com.

SINGAPORE - The slide in Singapore's core consumer prices eased last month on smaller declines in the costs of services, retail and other goods, as well as electricity and gas.

The cost of retail and other goods recorded a smaller decline, at minus 1.3 per cent in August compared with minus 1.6 per cent the month before, as the prices of clothing and footwear and recreational goods fell at a more moderate pace. Accommodation inflation was unchanged at 0.4 per cent as housing rents saw a similar pace of increase as in July.

 

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