Core inflation rises to 1.6% in June, headline inflation climbs to 1.9%
Singapore's inflation picked up in June and analysts say prices are likely to trend higher
through the rest of the year. Core inflation went up from 1.4 per cent in May to 1.6 per cent last month. Headline inflation also rose one percentage point to 1.9 per cent. CNA speaks to Denise Cheok, Head of Southeast Asia Economics from Moody's Analytics. She shares how this shapes consumer perception of prices, how inflation level predictions might change and whether people can expect the government to announce any additional cost-of-living support this National Day Rally.
Singapore's inflation picked up in June and analysts say prices are likely to trend higher
through the rest of the year. Core inflation went up from 1.4 per cent in May to 1.6 per cent last month. Headline inflation also rose one percentage point to 1.9 per cent. CNA speaks to Denise Cheok, Head of Southeast Asia Economics from Moody's Analytics. She shares how this shapes consumer perception of prices, how inflation level predictions might change and whether people can expect the government to announce any additional cost-of-living support this National Day Rally.