Economists suggest possible easing of monetary policy as inflation slows.

Core inflation in Singapore slowed more than anticipated in November, leading some economists to predict that the central bank might consider easing monetary policy in January. According to the latest data from the Department of Statistics, core inflation, which excludes accommodation and private transport, came in at 1.9%, down from 2.1% in October and below the median forecast of 2.1% from private-sector economists surveyed by Bloomberg.

Headline inflation, which includes all items, registered at 1.6% in November, up slightly from 1.4% in October. However, it was still lower than the expected 1.8%. The weaker-than-expected inflation figures have sparked discussions among economists about the potential for a shift in the central bank’s monetary policy stance in the coming months.