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MAS Core Inflation rose to 0.7% on a year-on-year (y-o-y) basis in December 2019, from 0.6% in November, mainly due to higher services inflation. Similarly, CPI-All Items inflation picked up to 0.8% y-o-y in December, from 0.6% in the preceding month.
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MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 January 2020