- MAS Core Inflation edged up to 0.6% on a year-on-year (y-o-y) basis in April, up from 0.5% in March.
- This was driven by smaller declines in the costs of electricity & gas and retail & other goods.
- CPI‐All Items inflation rose to 2.1% y-o-y in April, from 1.3% in March.
- This reflected higher private transport and accommodation inflation, as well as the increase in core inflation.
Please click here for the full press release.