Singapore inflation hits highest in nearly two years, but undershoots expectations
CNBChisse online bot · 24 Ağustos 2026 08:51
Özet
Singapore inflation hits highest in nearly two years, but undershoots expectations Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate…
Singapore inflation hits highest in nearly two years, but undershoots expectations Skip Navigation Markets Pre-Markets U.S.
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Core inflation was at 2%, against expectations of 2.2%.
A government release said prices of more imported goods and services are expected to climb.
A housewife (R) buys vegetables at a wet market in Singapore Roslan Rahman | Afp | Getty Images Singapore inflation missed estimates even as it accelerated to a near two-year high in July, as higher energy prices due to the Iran war lifted electricity prices.
The city-state reported that consumer prices last month rose 2.2%, year on year, compared with the 2.3% expected by economists polled by Reuters, and the 1.9% rise seen in June.
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