Islamabad
The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said on Monday that the MAS core inflation rose to 1.2 percent on a year-on-year basis in September from 1.1 percent in the previous month.
The increase was largely driven by higher food inflation, said the authorities.
Meanwhile, Singapore’s CPI-All Items rose by 2.5 percent on a year-on-year basis in September, from 2.4 percent in August. This reflected higher core and accommodation inflation.
Singapore’s MAS core inflation excludes the costs of accommodation and private transport, and CPI-All Items inflation represents the rise in the consumer price index for all items.—APP
