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Motoring costs could end cycle of falling prices

Minus these costs, core inflation is stable. But economists expect headline inflation to turn positive in Q4, and MAS policy to stay unchanged

Published Fri, Sep 23, 2016 · 09:50 PM

Singapore

MOTORING-RELATED price changes such as higher car park fees are expected to drive up inflation in Singapore later this year, thus breaking the current cycle of falling prices which has lasted nearly two years.

But core inflation - that which strips away the cost of private road transport and accommodation - has stayed in positive territory, leading economists to predict that…

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