Singapore core inflation slows for second straight month in July

SINGAPORE, 23rd August, 2024 (WAM) -- Singapore's core inflation slowed more than expected in July, opening the room for the island nation's central bank to consider loosening monetary policy settings later this year, Bloomberg reported on Friday.

Core prices, which exclude private transport and accommodation costs, rose 2.5 percent from a year ago, according to a statement from the Department of Statistics Sing