2023-01-25 05:01:15

Singapore's core inflation unchanged at 5.1% in December, averaged 4.1% for 2022

Logo Channel NewsAsia
Channel NewsAsia
By Cna

Best News Website or Mobile Service

WAN-IFRA Digital Media Awards Worldwide

Best News Website or Mobile Service

Digital Media Awards Worldwide

SINGAPORE: Singapore's core inflation remained unchanged at 5.1 per cent year-on-year in December, official data showed on Wednesday (Jan 25).

Smaller price increases for retail and other goods, as well as electricity and gas, were offset by higher inflation for food and services, said the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Information (MTI).

Coreinflation excludes accommodation and private transport costs.

For the whole of 2022, core inflation averaged 4.1 per cent, higher than the figure of0.9 per cent in 2021.

The headline consumer price index, or overall inflation, was 6.5 per cent in December, lower than the 6.7 per cent in November, mainly due to slower private transportation inflation. For 2022, overall inflation came in at6.1 per cent, up from 2.3 per cent the previous year.

Continue read on channelnewsasia.com

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 23:15:06
Consumer prices in New Zealand were up 7.2 percent on year in the fourth quarter of 2022, Statistics New Zealand said on Wednesday. That was unchanged from...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-25 00:36:11
Consumer prices in Australia were up 7.8 percent on year in the fourth quarter of 2022, the Australian Bureau of Statistics said on Wednesday - exceeding...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 22:30:06
Australia will on Wednesday release Q4 numbers for consumer prices, highlighting a busy day for Asia-Pacific economic activity. Overall inflation is expected...

Logo Investing.com
EconomyBy Ambar Warrick/Investing Com2023-01-25 00:52:38
By Ambar Warrick Investing.com--Australian consumer price index inflation grew more than in December, data showed on Wednesday, pointing to increased...

Logo Investing.com
EconomyBy Ambar Warrick/Investing Com2023-01-25 00:22:01
By Ambar Warrick Investing.com--New Zealands consumer price index remained pinned to a 32-year high in the fourth quarter, heralding continued pressure on...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 09:15:38
Finland's producer price inflation eased for the sixth straight month in December to the lowest level in one and a half years, though it remained strong...

Logo CNBC
EconomyBy Jihye Lee2023-01-25 01:59:09
Key Points Inflation in Australia rose to a new 32-year high of 7.8% in the final quarter of the fiscal year of 2022. The "trimmed mean annual inflation,"...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-23 10:04:53
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide Annual...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-25 01:44:48
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide SINGAPORE :...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-23 10:04:53
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide Annual...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-25 00:00:08
Ahead of the long weekend for the Lunar New Year, the Singapore stock market had alternated between positive and negative finishes through the last four...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-25 02:52:08
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide SINGAPORE :...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-25 00:00:08
(RTTNews) - Ahead of the long weekend for the Lunar New Year, the Singapore stock market had alternated between positive and negative finishes through the...

Logo Benzinga
Business / FinanceBy Business Wire2023-01-24 12:01:00
Financial decision-makers across regions are investing in automation (37%) and supply chain technology (37%) as businesses respond to inflation and lingering...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-23 09:45:23
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide Sri Lanka's...

Logo RTTNews
EconomyBy Renju Jaya2023-01-23 10:25:57
Sri Lanka's national consumer price inflation continued to ease in December but remained at elevated level, figures published by the Department of Census and...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-20 12:38:09
Malaysia's consumer price inflation eased slightly at the end of the year to the lowest level in six months, primarily driven by a moderation in food prices,...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 14:12:08
Germany's private sector downturn softened to a stable footing at the start of the year amid a moderation in price pressures along with a renewed positive...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-24 07:59:49
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide TOKYO : Japan...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-25 02:13:44
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide COLOMBO : Sri...