Singapore’s Core Inflation Inches Up on Transport, Healthcare

Singapore’s key inflation gauge rose at a slightly faster pace in September after two months of deceleration, led by public transport and healthcare costs.

The core inflation rate, which excludes housing and private transportation costs, stood at 0.4% in September from a year earlier, according to a statement by the Department of Statistics Singapore on Thursday. That’s higher than 0.3% in August and the median estimate in a Bloomberg News survey.