Singapore inflation edges down in Nov

By Xinhua News Agency

Dec 27, 2023 12:19 am

SINGAPORE: Singapore's inflation, as measured by consumer price index, edged down in November due to slower price growth of retail goods, food, electricity and gas, official data showed on Tuesday.

The core inflation, which excludes private transport and accommodation costs, was 3.2 percent year on year in November, lower than the 3.3 percent in October, according to the Ministry of Trade and Industry (MTI) and the Monetary Authority of Singapore (MAS).

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