Singaporean Core Inflation Rate YoY (Jan) Y/Y 1.00% vs Exp. 1.50% (Prev. 1.20%, Rev. From 1.2%)

Singaporean Core Inflation Rate YoY (Jan) Y/Y 1.00% vs Exp. 1.50% (Prev. 1.20%, Rev. From 1.2%)

The Singaporean core inflation rate for January came in lower than expected at 1.00%, compared to the forecast of 1.50% and previous reading of 1.20%. This slightly weaker inflation print may influence perceptions on the central bank's tightening path, potentially easing expectations for future rate hikes as it suggests less inflationary pressure than anticipated.