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Singapore’s MAS core inflation rises to 5.1 pct in August

SINGAPORE, Sept. 23 (Xinhua) — The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) announced on Friday that the MAS core inflation on a year-on-year basis rose to 5.1 percent in August from 4.8 percent in the previous month.

Meanwhile, the CPI-All Items inflation rose to 7.5 percent year on year in August from seven percent in July.

Singapore’s MAS core inflation excludes t