Singapore core inflation hits 1-year low in April

Credit: REUTERS/EDGAR SU

SINGAPORE, May 23 (Reuters) - Singapore's April core inflation eased to its lowest level in a year, data showed on Thursday, due to a fall in cost of electricity and gas and lower food inflation.

Singapore's core inflation rose 1.3% in April from a year earlier, easing from the previous month's 1.4% rise and matching forecasts in a Reuters poll.

Singapore's headline consumer price index, however, edged higher in April to 0.8% from a year ago due to higher private road transport costs. The print also matched forecasts.

In March, headline CPI rose 0.6% from a year ago.

(Reporting by Fathin Ungku; Editing by Shreejay Sinha)

((fathin.ungku@thomsonreuters.com))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.