Singapore’s Core Inflation Rises at the Same Pace as Last Month

Singapore’s key inflation gauge rose at the same annual rate in June from last month, ahead of a closely-watched monetary policy review.

The core inflation rate, which excludes housing and private transportation costs, stood at 0.6% in June from a year earlier, according to a statement by the Department of Statistics Singapore on Wednesday. That’s the same as the 0.6% in May and is weaker than the 0.7% median estimate in a Bloomberg News survey.