Singapore's key price gauge climbed in December by its fastest pace in nearly eight years, exceeding economist forecasts, driven by a steep increase in air fares, official data showed on Monday.
The core inflation rate — the central bank's favoured price measure - rose to 2.1% in December on a year-on-year basis, the highest since July 2014. A Reuters poll of economists had forecast a 1.
7% increase.Register now for FREE unlimited access to Reuters.comMore from ReutersSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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