Economic Buzz: Singapore Inflation Spikes To Multi-Years Highs In December

24 Jan 2022 , 12:55 PM

Singapores core inflation rate, the central banks favoured price measure rose to 2.1% in December on a year-on-year basis, the highest since July 2014. On a monthly basis, consumer prices increased 0.5% in December, slowing from a 1% gain in November which was the most since February 2013. Headline inflation rose by 4% in December 2021 from 3.8% in November.

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