Singapore's core inflation rises to 3.6% in May, highest in more than 13 years

Singapore’s core inflation rises to 3.6% in May, highest in more than 13 years

Singapore’s core inflation has surged to a 13-year high, driven by rising prices of food and utilities. It was 3.6% in May on a year-on-year basis. Including private transport and accommodation costs, headline inflation accelerated to 5.6%. All sectors saw…