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Singapore Inflation Eases To 4.1%, Lowest In 18 Months

Singapore's consumer price inflation moderated further in July to the lowest level in more than one and-a-half years, primarily due to lower charges for private transport, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Wednesday.

The consumer price index, or CPI, climbed 4.1 percent year-over-year in July, slower than the 4.5 percent increase in the previous month. That was in line with economists' expectations.

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by RTTNews Staff Writer

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