A Glimmer of Hope in Stormy Waters Singapore's inflation report for April has defied expectations with a 1. 8% reading, sparking relief among businesses battered by recent market gloom.
The revision of Singapore's first quarter GDP growth to 6% is also noteworthy, suggesting that some economies are better equipped to handle global challenges.
The core inflation rate, which excludes private transport and accommodation costs, came in at 1. 4%.