0723 GMT - Singapore's inflation likely rose 1.55% on year in December, according to the median estimate of 10 economists polled by The Wall Street Journal. That would compare with November's 1.6% expansion. Headline inflation is expected to have eased, driven by cooler accommodation inflation and a decline in private transport costs, DBS' economics team says in a report. The city-state's core CPI is also expected to have risen in December by 1.7% on year, easing from the 1.9% increase seen in November, according to the poll. Base effects are estimated to have pushed December's core inflation more visibly below 2.0% on year, Barclays economists noted. The CPI data are due Thursday. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
January 20, 2025 02:23 ET (07:23 GMT)
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