SINGAPORE: Singapore is reviewing its official inflation forecasts, authorities said yesterday, after data showed its key price gauge climbed in December by the fastest pace in nearly eight years, driven by a steep increase in air fares. 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 and topping economist forecasts.A Reuters poll of economists had forecast a 1.7% increase. Singapore’s central ban
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2022-01-25 00:00:00.0