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Singapore Inflation Eases Unexpectedly To 1.2%

Singapore's consumer price inflation softened unexpectedly at the start of the year, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Monday.

The consumer price index rose 1.2 percent on a yearly basis in January, slower than the 1.5 percent increase in December. Meanwhile, economists had expected inflation to rise to 2.2 percent.

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by RTTNews Staff Writer

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