Singapore June all-items CPI rises 0.5 percent, less than expected
Singapore`s headline consumer price index in June rose 0.5 percent from a year earlier, less than forecast, as falls in accommodation costs weighed on overall inflation, data showed on Monday.
The median forecast in a Reuters poll was for a rise of 0.7 percent.
In May, the all-items consumer price index (CPI) increased 1.4 percent.
Singapore`s core inflation gauge rose 1.5 percent in June from a year earlier, after increasing 1.6 percent in May. The median forecast was for another rise of 1.6 percent.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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