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Singapore Inflation October 2021

Singapore: Inflation comes in at highest level since March 2013 in October

Consumer prices rose 0.29% in October over the previous month, moderating from September’s 0.42% increase. October’s result marked the mildest reading since July.

Inflation increased to 3.2% in October from September’s 2.5%. October’s result marked the highest inflation rate since March 2013. Annual average inflation rose to 1.6% in October (September: 1.4%). Lastly, core inflation rose to 3.5% in October, from the previous month’s 2.7%.

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