SingTel
Total AssetsSingapore confirms that imported inflation is having an impact: March overall CPI +1.8% (previous 1.2%), core CPI +1.7% (highest since November 2024), mainly driven by transportation costs +6.0%.
As a major crude oil processing and refining hub, Singapore is inevitably affected by any ripple effects. Imported inflation is inevitable, but as long as it's not stagflation, it can be resolved.
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