Singapore’s Core Inflation Drops to 2% in September Amid Lower Service and Retail Prices

Singapore's core inflation rate eased to 2% in September, driven by declines in services and retail prices. However, the Monetary Authority of Singapore (MAS) and Japan's Ministry of Economy, Trade and Industry (METI) warn that a sharp and sustained rise in global energy or food prices could increase import costs beyond current projections.

Originally published by gnews