Singapore's core inflation in June hit its highest level since November 2008, with stronger price increases across most categories such as services, food, retail, as well as electricity and gas.
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Core inflation, which excludes accommodation and private transport costs, came in at 4.4 per cent year-on-year in June, up from a previous 13-year high of 3.6 per cent in May, official data released on Monday (Jul 25) showed.
The last time Singapore reported higher year-on-year growth was in November 2008, when core inflation was 5.5 per cent.
The headline consumer price index, or overall inflation, rose to 6.7 per cent year-on-year in June, surpassing the 5.6 per cent reported in May.