Singapore Core Inflation Surges to Near Two-Year High on Energy

Singapore's core inflation has reached a near two-year high, primarily fueled by soaring utility bills due to rising global energy prices. This trend indicates that consumers are feeling the pinch from increased costs, which could impact economic growth and household budgets. As energy prices continue to climb, it's crucial for policymakers to find ways to mitigate these effects and support vulnerable populations. For a detailed analysis, check out the full report on Bloomberg.