SINGAPORE (Reuters) - Singapore’s core inflation accelerated a stronger-than-expected 1.7 percent in April from a year earlier, the fastest pace since October 2014, data showed on Tuesday.
The median forecast in a Reuters poll was for core CPI to rise 1.3 percent. In March, core CPI rose 1.2 percent year-on-year.
Singapore’s headline consumer price index in April rose 0.4 percent from a year earlier, the slowest rise since December last year.
That was below the median forecast in a Reuters poll for a 0.7 percent rise and March’s 0.7 percent gain.
Reporting by Fathin Ungku; Editing by Shri Navaratnam