We are Sure Bet News BTC famous casinos not on gamstop reviews
News from around the world

Inflation In Singapore As Consumer Prices Set New High

Inflation in Singapore escalates, as prices of goods keep rising. Core inflation, which excludes accommodation and private transport costs, jumped to 2.1 percent last month on a year-on-year basis, the highest since July 2014, and higher than 1.6 percent in November, 2021.

Consumer prices of goods in Singapore escalates.

Headline or overall inflation rose to 4 percent, up from 3.8 percent in the previous month and the highest since February 2013 when it surged 4.9 percent.

Given the recent stronger-than-projected inflation out-turns, the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) said they are reviewing their current 2022 forecasts for both overall inflation and core inflation.

Analysts, however, do not expect double-digit inflation in Singapore or elsewhere. They also do not see the current magnitude of price increases as a threat to the economic recovery.

Related posts

Raiders WR Michael Gallup Retires From NFL After 6 Seasons

Judith Beryl

Monterey Park Missing Teenager Found In Glendale After A Week

Judith Beryl

Keanu Reeves Reveals Why He’s Always Thinking About Death

Judith Beryl

MrBeast Co-Host Ava Kris Tyson Leaves YouTube Channel After Being Accused of Grooming a Minor

Sylvia

US Secret Service Chief Kim Cheatle Resigns Amidst Trump Shooting Failures

Soyiga

The Sale Of The Hundred Poses A Threat To English Cricket

Soyiga

Leave a Comment