Singapore core inflation hits 1-year low in April

SINGAPORE: Singapore's April core inflation eased to its lowest level in a year, data showed on Thursday, due to a fall in cost of electricity and gas and lower food inflation.

Singapore's core inflation rose 1.3pc in April from a year earlier, easing from the previous month's 1.4pc rise and matching forecasts in a Reuters poll.

Singapore's headline consumer price index, however, edged higher in April to 0.8pc from a year ago due to higher private road transport costs.

The print also matched forecasts.

In March, headline CPI rose 0.6pc from a year ago.