Singapore core inflation at 1.4% y/y in February, slightly higher than expected

SINGAPORE, March 23 (Reuters) – Singapore’s key consumer ​price gauge ‌rose 1.4% in February from a year earlier, ‌official ​data ⁠showed on ⁠Monday.

The core inflation rate, which excludes private road ​transport and accommodation ⁠costs, was ⁠slightly higher ​than the ​median forecast of 1.3% ‌in a Reuters poll of economists.

Headline ⁠inflation was 1.2% in annual terms ⁠in ‌February, slightly ⁠lower than ​the ‌poll forecast ​of 1.3%.

(Reporting ⁠by Xinghui Kok; Editing by John Mair and Martin ​Petty)