Singapore Oct core inflation up 1.5%, biggest jump in nearly 3 yrs - NewsBreak

SINGAPORE, Nov 23 (Reuters) - Singapore's key price gauge rose by the fastest pace in nearly three years in October, mainly driven by higher services and food inflation. The core inflation rate — the central bank's favoured price measure - rose to 1.5% in October on a year-on-year basis, compared with 1.2% in the prior month, the Monetary Authority of Singapore (MAS) said in a statement.