The Monetary Authority of Singapore said on Tuesday that the country’s core inflation eased to 3.0 percent in September, down from 3.4 percent in August. This was largely driven by lower inflation for food and other goods. CPI-all items inflation edged up to 4.1 percent in September from 4.0 percent in August. This reflected a pickup in private transport inflation which more than offsets decline in accommodation inflation. On a month-on-month basis, core CPI rose 0.1 percent in September, as costs of services and food picked up. At the same time, CPI-all items increased 0.5 percent, mainly due to higher private transport costs.—Xinhua
