SINGAPORE, June 24 (Xinhua) — Singapore’s core inflation, as measured by the consumer price index (CPI), came in 3.1 percent year-on-year in May, unchanged from April, official data showed Monday. The increase in services prices was offset by lower energy and retail inflation, according to the Ministry of Trade and Industry and the Monetary Authority of Singapore. The core CPI excludes private transport

SINGAPORE, June 24 (Xinhua) — Singapore’s core inflation, as measured by the consumer price index (CPI), came in 3.1 percent year-on-year in May, unchanged from April, official data showed Monday.

The increase in services prices was offset by lower energy and retail inflation, according to the Ministry of Trade and Industry and the Monetary Authority of Singapore.

The core CPI excludes private transport

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