Signgapore Economy

Singapore’s inflation hits 25-year high of 6.6%

Singapore's annual inflation rate hit a 25-year high of 6.6 percent in January, according to Department of Statistics (DOS) data released on Monday. The inflation rate, as indicated by the consumer price index (CPI), was the highest since the 7.5 percent hit in March 1982. From a month earlier, consumer prices in January rose 1.5 percent on a seasonally adjusted basis, the DOS said. The Ministry of...

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