Singapore's core, headline inflation at -0.1% in November
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE'S deflation eased in November, with both core and headline inflation at -0.1 per cent year on year, compared to -0.2 per cent in October, showed Department of Statistics (Singstat) consumer price index (CPI) figures on Wednesday.
Economists had expected core inflation to be -0.1 per cent and headline inflation to be -0.2 per cent. After Wednesday's release, most stuck to their full-year estimates and expectations for a return to inflation in 2021.
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.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
