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Singapore core inflation misses forecasts in January at 0.3%

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Since mid-January, the global spread of the Covid-19 disease has taken a heavy toll on Singapore’s consumer-facing sectors, especially the tourism-related industries like hospitality.

SINGAPORE inflation missed industry forecasts in January, hampered by a sharper fall in the cost of retail and other goods, according to consumer price index (CPI) data out on Monday.

Core inflation, a central bank metric that excludes private transport and accommodation costs, was 0.3...

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