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Singapore Inflation Eases To 6.1%, Lowest In 9 Months

Singapore's consumer price inflation moderated in February to the lowest level in nine months amid a slowdown in private transport charges, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Thursday.

The consumer price index, or CPI, climbed 6.3 percent year-over-year in February, slower than the 6.6 percent increase in the previous month. Economists had forecast inflation to ease marginally to 6.5 percent.

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by RTTNews Staff Writer

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