Singapore April core inflation rises 5%, beating forecast

SINGAPORE  – Singapore’s key consumer price gauge rose 5 percent in April, higher than forecast, official data showed on Tuesday. The core inflation rate – which excludes private road transport and accommodation costs – rose 5 percent year-on-year in April. A Reuters poll of economists had forecast a 4.7-percent increase in April. Lower inflation for … Continue reading Singapore April core inflation rises 5%, beating forecast