Data from Singapore released today showed inflation based on the consumer price index (CPI) grew 6.7% (yoy) in June, which was the highest level in 14 years, since September 2008.
Core inflation also rose 4.4% (yoy) from May's 3.6%, and was at its highest level since December 2008.
Inflation in Singapore continues to rise, even though the Monetary Authority of Singapore (MAS) has tightened its policy three times.
SINGAPORE INFLATION
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Core inflation also rose 4.4% (yoy) from May's 3.6%, and was at its highest level since December 2008.
Inflation in Singapore continues to rise, even though the Monetary Authority of Singapore (MAS) has tightened its policy three times.
SINGAPORE INFLATION
USDSGD D1
