Summary:

• 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.

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