KONTAN.CO.ID - SINGAPORE. Singapore's key consumer price gauge rose 5.5% in January, slightly below forecast though faster than the preceding month, official data showed on Thursday. The core inflation rate - which excludes private road transport and accommodation costs - topped the 5.1% rise in December. A Reuters poll of economists had forecast a 5.6% increase in January. The core inflation rate seen in January was the highest since October 2008.
Singapore's January Core Inflation Rises 5.5%
KONTAN.CO.ID - SINGAPORE. Singapore's key consumer price gauge rose 5.5% in January, slightly below forecast though faster than the preceding month, official data showed on Thursday. The core inflation rate - which excludes private road transport and accommodation costs - topped the 5.1% rise in December. A Reuters poll of economists had forecast a 5.6% increase in January. The core inflation rate seen in January was the highest since October 2008.