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Singapore's core inflation slowed to 4.2 percent in June

The Monetary Authority of Singapore (referred to as the Monetary Authority of Singapore) and the Ministry of Trade and Industry released a statement on the 24th, said that Singapore's core inflation rate in June was 4.2%, the second consecutive month of decline, and the core inflation rate was 4.7% in May.

Headline inflation, which includes private transport and accommodation costs, slowed to 4.5 per cent year-on-year in June from 5.1 per cent in May. In addition to slower core inflation, slower private transport inflation also contributed to the trend.