Singapore's producer price inflation quickened further in September amid higher prices of petroleum and petroleum products, data from the Department of Statistics showed on Thursday.
The manufacturing producer price index surged 47.5 percent year-on-year in September, faster than the 40.1 percent growth in August, with the pace of increase picking up in recent months.
The oil index climbed 58.9 percent annually in September, accelerating from the 48.1 percent increase in August. Similarly, the non-oil index rose at a faster pace of 45.8 percent versus a 38.9 percent increase a month ago.
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