Singapore’s core inflation rises 0.5% y/y in July, lower than poll forecast

SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 0.5% in July from a year earlier, official data showed on Monday, lower than economists’ forecasts.

The core inflation rate, which excludes private road transport and accommodation costs, compared with a forecast of 0.6% in a Reuters poll of economists.

Headline inflation was 0.6% in annual terms in July, lower than economists’ forecast of 0.7%.

(Reporting by Xinghui Kok; Editing by John Mair)