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Singapore Core Inflation Unexpectedly Slows Despite GST Hike


Singapore Core Inflation Unexpectedly Slows Despite GST Hike

Singapore's core inflation slowed in January defying all estimates, amid smaller gains in costs of healthcare to household goods despite an ...

The Edge Singapore on LinkedIn: Singapore core inflation ...

Core inflation came in at 3.1% last month from a year. Singapore core inflation unexpectedly slows despite GST hike. theedgesingapore.com.

Bloomberg Markets on X: "Singapore's core inflation slowed in ...

Singapore's core inflation slowed in January to 3.1%, defying all ... Singapore Core Inflation Unexpectedly Slows Despite GST Hike.

Core inflation in Singapore expected to remain elevated before ...

The GST hike to 9 per cent has likely been fully passed through to most consumer prices, said MAS. Read more at straitstimes.com.

Singaporeans' Inflation Expectations Flatten In Response to Global ...

... hike in GST ... The quarterly SInDEx survey findings among Singapore households reveal Headline Inflation Expectations seem to be holding steady ...

Singapore's inflation eases in January despite GST hike; core at 3.1 ...

Singapore's headline and core inflation both eased more than expected in January, even after the hike in the goods and service tax to 9 per cent.

Singapore's core inflation falls to 3.1% in January on smaller food ...

Excluding the transitory effects of the GST increase, headline and core ... Although inflation started to moderate in 2023, economic growth slowed ...

Singapore Inflation Eases Unexpectedly To 2.9%, Lowest In 28 ...

Core consumer prices rose 0.6 percent, due in part to the 1 percent GST rate increase. Among the main categories, accommodation inflation slowed ...

Despite GST hike, core inflation fell to 3.1% in January Singapore ...

... inflation declined due to a slower rate of increase in car prices, which in turn reflected lower COE premiums.” See also Facebook on why it ...

MAS Monetary Policy Statement - January 2024

However, excluding the impact of the GST increase, core inflation would have fallen by an estimated 0.6%-point in 2023 compared to 2022. 6. CPI ...

Bloomberg Asia - Singapore's core inflation slowed in... | Facebook

Singapore's core inflation slowed in January to 3.1%, defying all estimates ... Singapore Core Inflation Unexpectedly Slows Despite GST Hike.

Singapore core inflation in March eases to 3.1% due to slower price ...

“Although crude oil prices have risen in recent weeks ... Excluding the transitory effects of the 1 per cent-point increase in the GST ...

Singapore core inflation eases to 3.1% in January, but February ...

Maybank economist Chua Hak Bin described core inflation in January as “unexpectedly tame” given the hike in the GST, carbon taxes and other ...

MAS Monetary Policy Statement - April 2024

The slower pace of increase ... Excluding the impact of the increases in the GST rate, core and headline inflation are forecast at 1.5–2.5%.

Singapore's inflation rates hit three-year low in June - Gutzy Asia

... inflation from June 2020 to June 2024, partly due to GST hikes ... Singapore's headline and core inflation rates have slowed more than ...

Exchange Rate Pass-Through to Inflation in Singapore - IMF eLibrary

Both headline and MAS core inflation increased rapidly ... Singapore: Exchange Rate Pass-Through to Inflation – Controlling for GST Hikes.

Singapore: 2024 Article IV Consultation-Press Release; Staff Report

The increase in Goods and Services Tax (GST) rate from 8 to 9 percent in January 2024 (¶9) is expected to raise inflation temporarily in 2024.

Singapore's headline inflation fell to 3.6% y-o-y - Yahoo Finance

Excluding the transitory effects of the one percentage point increase in the GST rate to 9%, headline and core inflation are expected to come in at 2.5% – 3.5% ...

Singapore: High inflation and slowing trade make for a challenging ...

... Singapore despite a slight moderation for both headline and core inflation readings. Headline and core inflation slowed to 5.5%YoY and 5.0 ...

Faster cooling in Singapore's inflation puts focus on monetary outlook

Singapore's key inflation rate rose at a slower pace than markets ... "That's an unexpectedly sharp drop in inflation pressures, given the hike ...