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2017.05.2906:47:00UTC+00 Singapore's Producer Price Inflation Surges In April

Singapore's Department of Statistics said the country's producer price inflation climbed to 7.6 percent in April, up from the previous month's 3.9 percent.

Oil and non-oil prices rose 35.9 percent and 3.7 percent, respectively.

But producer prices lost 0.6 percent month-on-month in April after March's 0.7 percent decline.

From 9.6 percent in March, figures showed that import price inflation increased to 9.4 percent in April.

Month-on-month, import prices rose 0.8 percent after falling 2.1 percent in March.

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