Singapore core inflation rate comes in softer than expected, hits fresh four-year lows

The view from the rooftop pool of the Marina Bay Sands resort hotel, which overlooks the financial district skyline of Singapore.Singapore's core inflation — which strips out prices of private transport and accommodation — posted its softest rise since February 2021, coming in at 0.3% for August as services inflation softened.This was lower than the 0.4% expected by economists polled by Reuters, and lower than the 0.5% seen in the month before.Headline inflation in Singapore came in at 0.5%, down from the 0 ...