Singapore's headline and core inflation remain in the red in June even as it exits circuit breaker

Singapore's headline and core inflation remain in the red in June even as it exits circuit breaker
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SINGAPORE (July 23): Singapore’s core inflation stayed in the red for the fifth straight month in June.

The price gauge, which registers the inflation levels excluding accommodation and private transport costs, came in at -0.2% year-on-year (y-o-y), unchanged from May, according to the Consumer Price Index (CPI) released by the Department of Statistics today.

Meanwhile, headline inflation came in at -0.5%, making June the metric’s third month in the red. However, the decline narrowed from May’s -0.8%, thanks to lower private transport costs ... (click on link for full story on theedgesingapore.com).