SUBSCRIBERS
Singapore deflationary pressure eases in August
Add BT as a preferred source
Sharon See
Published Wed, Sep 23, 2020 · 09:50 PM
Singapore
DEFLATIONARY pressures are likely to persist for the rest of this year, although the pace of decline has slowed, according to economists.
Data from the Department of Statistics on Wednesday showed that Singapore's core inflation, which excludes private road transport and accommodation costs, for August came in at -0.3 per cent, compared to July's decade-low -0.4 per cent.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
