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November 23, 2023
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Singapore CPI Inflation 4.7% y-o-y (consensus 4.5%) in Oct-23

- Singapore's CPI inflation in October 2023 exceeded market expectations, reaching 4.7% year-on-year, which is the highest growth rate since May 2023.
- The inflation rate is 0.62 percentage points below the one-year average, but the surprisingly steep rise is concerning.


November 22, 2023
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Singapore GDP Growth 1.1% y-o-y (consensus 0.7%) in Q3-23

- Singapore's Q3-23 GDP growth exceeded expectations, recording a year-on-year increase of 1.1% and marking the highest growth rate since Q4-22.


October 26, 2023
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Singapore Unemployment rate 2.0% in Q3-23

- Singapore's unemployment rate stood at 2.0% in Q3-23, representing a marginal increase of 0.1 percentage points compared to the previous quarter.
- This unemployment level is only 0.08 percentage points above the one-year average but 0.24 percentage points below the long-run average.


October 23, 2023
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Singapore CPI Inflation 4.1% y-o-y (consensus 4.1%) in Sep-23

- Singapore's CPI inflation ticked up to 4.1% year-on-year in September 2023, the highest growth rate since June 2023, as expected.
- The current rate still falls below the one-year average by 1.38 percentage points, suggesting an improving trend, especially with core inflation falling surprisingly far to 3%.