Economic news

Inflation in Singapore has slowed down

2022.11.23 00:20

[ad_1]


Inflation in Singapore has slowed down

Budrigannews.com – Official statistics published on Wednesday that Singapore’s key inflation by 5.1% in October, which was slightly lower than anticipated and below the previous month. This was due to smaller increases in the prices of utilities, retail, and other goods.

The core inflation rate, which is the preferred price measure for the central bank, increased from 5.3 percent in September to 5.1% in October.Reuters’ survey of economists had predicted a 5.3% increase in October.

The title pace of expansion was 6.7%, down from the 7.5% increment in September.7.1% was the financial specialists’ expectation for October.

The central bank had previously predicted that core inflation would remain elevated for the remainder of 2022 and the first half of 2023 at approximately 5%.

The city-state tightened its monetary policy for the fourth time this year last month in an effort to combat inflation.

[ad_2]

Inflation in Singapore has slowed down

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 81,996.97 2.38%
ethereum
Ethereum (ETH) $ 1,904.74 1.66%
tether
Tether (USDT) $ 0.999953 0.02%
xrp
XRP (XRP) $ 2.26 4.01%
bnb
BNB (BNB) $ 630.61 1.17%
solana
Solana (SOL) $ 123.99 3.93%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.693531 3.65%
dogecoin
Dogecoin (DOGE) $ 0.166035 4.34%
tron
TRON (TRX) $ 0.232646 5.91%
staked-ether
Lido Staked Ether (STETH) $ 1,903.13 1.60%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 81,838.93 2.38%
leo-token
LEO Token (LEO) $ 9.75 0.10%
the-open-network
Toncoin (TON) $ 3.60 3.82%
chainlink
Chainlink (LINK) $ 13.63 3.48%
usds
USDS (USDS) $ 0.999998 0.01%
stellar
Stellar (XLM) $ 0.267967 2.23%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,275.14 2.12%
hedera-hashgraph
Hedera (HBAR) $ 0.184894 3.70%
pi-network
Pi Network (PI) $ 1.12 16.54%
avalanche-2
Avalanche (AVAX) $ 18.58 1.39%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 4.25%
sui
Sui (SUI) $ 2.26 3.35%
mantra-dao
MANTRA (OM) $ 6.93 0.99%
polkadot
Polkadot (DOT) $ 4.39 0.38%
litecoin
Litecoin (LTC) $ 87.96 5.35%
bitcoin-cash
Bitcoin Cash (BCH) $ 335.01 0.90%
bitget-token
Bitget Token (BGB) $ 4.62 3.86%
ethena-usde
Ethena USDe (USDE) $ 0.999585 0.05%
weth
WETH (WETH) $ 1,903.13 1.71%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.06%
hyperliquid
Hyperliquid (HYPE) $ 13.37 0.02%
whitebit
WhiteBIT Coin (WBT) $ 28.13 1.32%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,020.65 1.57%
monero
Monero (XMR) $ 207.27 1.69%
uniswap
Uniswap (UNI) $ 6.29 0.66%
susds
sUSDS (SUSDS) $ 1.04 0.15%
dai
Dai (DAI) $ 0.999775 0.03%
aptos
Aptos (APT) $ 5.29 1.69%
okb
OKB (OKB) $ 50.66 0.41%
near
NEAR Protocol (NEAR) $ 2.53 4.48%
pepe
Pepe (PEPE) $ 0.000007 5.91%
internet-computer
Internet Computer (ICP) $ 5.72 4.94%
mantle
Mantle (MNT) $ 0.804197 1.81%
gatechain-token
Gate (GT) $ 21.78 0.46%
ethereum-classic
Ethereum Classic (ETC) $ 17.48 3.20%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.93 1.93%
ondo-finance
Ondo (ONDO) $ 0.81858 5.28%
aave
Aave (AAVE) $ 169.45 3.77%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 81,994.97 2.40%