Singapore's core inflation dips to 0.8% in January

Price increases in Singapore are slowing down. January's latest core inflation print hit 0.8 per cent, its lowest since 2021. Headline inflation, which includes accommodation and private transport costs, also eased to 1.2 per cent on-year from 1.5 per cent last month. Both figures are lower than what economists had expected. Suan Teck Kin, Head of Research at UOB, discusses January's latest core inflation figures. He shares how it may impact the way we think about consumer spending moving forward and if there are any problems we should be on the lookout for if inflation drops too fast.