MAS Core Inflation edged up to 1.9% on a year-on-year (y-o-y) basis in October from 1.8% in September, as a larger increase in the cost of electricity & gas1 more than offset lower food and retail inflation. Despite higher core inflation, CPI-All Items inflation remained at 0.7% y-o-y in October, due to a steeper decline in private road transport costs.

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MINISTRY OF TRADE AND INDUSTRY
23 NOVEMBER 2018