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Singapore’s MAS core inflation rises to 3.3 pct in April

SINGAPORE, May 23 (Xinhua) — The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) announced on Monday that the MAS core inflation on a year-on-year basis rose to 3.3 percent in April from 2.9 percent in the previous month.

Meanwhile, the CPI-All Items inflation remained unchanged at 5.4 percent year on year in April.

Singapore’s MAS core inflation excludes the costs of accom