Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years

SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists’ forecasts and the smallest rise in three years, official data showed on Monday.

The core inflation rate – which excludes private road transport and accommodation costs – was lower than the 2.1% forecast by a Reuters poll of economists and compared with 2.1% rise seen in October.

(Reporting by Bing Hong Lok; Editing by Martin Petty)