Singapore's Consumer Price Index Rises by 1.2% in November, Core Inflation Rate Matches October Levels

Singapore's Consumer Price Index Rises by 1.2% in November, Core Inflation Rate Matches October Levels

Singapore's consumer price index increased by 1.2% in November compared to the previous year, according to official data released on Tuesday. The core inflation rate, which excludes private road transport and accommodation costs, was lower than expected at 1.2%, matching the October reading. Headline inflation also stood at 1.2% in November, falling short of the forecasted 1.3%.