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FX.co ★ Singapore Inflation Data Due On Wednesday

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.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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