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SINGAPORE:  Core Moderates as Food Prices Cool. 

SINGAPORE
SingaporeEM BulletBulletAPACEmerging Market News
  • Singapore’s CPI for November was +1.6% y/y versus +1.8% estimated.
  • The month-on-month figure was flat following a contraction in October.
  • Education +3.0% y/y, Health Care +2.6% y/y, Housing and Utilities +2.6% y/y were the biggest contributors.
  • Clothing and Footwear and Communication both contracted -1.2% and -1.3% respectively.
  • Core inflation y/y moderated to +1.9% from 2.1% prior. 
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  • Singapore’s CPI for November was +1.6% y/y versus +1.8% estimated.
  • The month-on-month figure was flat following a contraction in October.
  • Education +3.0% y/y, Health Care +2.6% y/y, Housing and Utilities +2.6% y/y were the biggest contributors.
  • Clothing and Footwear and Communication both contracted -1.2% and -1.3% respectively.
  • Core inflation y/y moderated to +1.9% from 2.1% prior.