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FX.co ★ Singapore Inflation Data Due On Wednesday

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typeContent_19130:::2024-10-22T23:00:00

Singapore Inflation Data Due On Wednesday

Singapore is set to publish its consumer price data for September this Wednesday, marking the day's limited economic activity in the Asia-Pacific region. Analysts expect overall inflation to increase by 0.5% month-over-month and 1.9% year-over-year, a slight decline from August's 0.7% and 2.2%, respectively. The core Consumer Price Index (CPI) is forecasted to remain stable, maintaining an annual rate of 2.7%.

Meanwhile, Taiwan is due to release its September figures for industrial production. For reference, the industrial output in August had surged by 13.42% compared to the previous year.

As a side note, financial markets in Thailand will be closed on Wednesday in observance of Chulalongkorn Day and are scheduled to resume operations on Thursday.

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