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Singapore core inflation negative in February as services are hit by Covid-19

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Singapore's core inflation turned negative in February for the first time in over a decade, due largely to a decline in the cost of services - chiefly airfares and holiday expenses - amid the Covid-19 outbreak.

SINGAPORE'S core inflation turned negative in February for the first time in over a decade, due largely to a decline in the cost of services - chiefly airfares and holiday expenses - amid the Covid-19 outbreak, raising expectations of significant monetary easing by the Monetary Authority of...

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