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Singapore headline CPI sees off deflationary trend for first time in 2 years
January 23, 2017 / 5:58 AM / 8 months ago

Singapore headline CPI sees off deflationary trend for first time in 2 years

People shop for fish at a wet market in Singapore March 23, 2016. REUTERS/Edgar Su/File Photo

SINGAPORE (Reuters) - Singapore’s headline consumer price index was flat in November from a year earlier, coming off a deflationary trend for the first time in two years, data showed on Friday.

The all-items consumer price index (CPI) in November was flat at 0.0 percent from a year earlier, after falling 0.1 percent in October, matching the median forecast in a Reuters poll.

Singapore’s core CPI rose 1.3 percent in November from a year earlier, in line with the median forecast in the Reuters survey.

Reporting by Fathin Ungku; Editing by Shri Navaratnam

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