Singapore Oct Core Inflation At 3.3% Y/y

SINGAPORE, Nov 23 (Reuters) – Singapore’s key consumer price gauge was at 3.3% in
October on a yearly basis, higher than economists’ forecasts, official data showed on Thursday.

The core inflation rate – which excludes private road transport and accommodation costs –
was slightly above the 3.0% forecasted by a Reuters poll of economists and compared with 3.0% in
September.

Headline inflation in October was at 4.7% compared with the same month last year, also
higher than economists’ forecast of 4.45%.

(Reporting by Xinghui Kok)

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