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Investing.com -- Singapore’s main measure of consumer prices showed an increase of 0.7% in April from the same month a year earlier, according to official data released Friday.
This rise was more than economists had predicted.
The core inflation rate, which leaves out the costs of private road transport and accommodation, was higher than the projected rate of 0.5%.
In addition, headline inflation in April was 0.9% on an annual basis. This, too, exceeded economists’ forecast, which had estimated an increase of 0.8%.
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