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Food, healthcare inflation hit poor hardest

A CLOSER look at Singapore's latest inflation numbers reveals how the lower-income segment of the population might be bearing the brunt of price increases. Core inflation rose 2.2 per cent year-on-year in July - an elevated but still manageable number on the whole. Headline inflation, which includes transport and housing, at 1.2 per cent was lower than market expectations. But not everyone experienced such benign inflation. The reason is that the consumer price index (CPI), on which we base our national...

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