JUST IN: Singapore's core inflation has fallen to 2.1% in October
#1

JUST IN: Singapore's core inflation has fallen to 2.1% in October, a level that has not been seen since December 2021. https://cna.asia/49mvgBP

Inconsistent, Ambiguity and Contradiction in the Article

The provided article, titled "Singapore's core inflation falls to 2.1% in October, lowest level since December 2021," from CNA, published on November 25, 2024, contains several inconsistencies, ambiguities, and contradictions.

Inconsistencies:

- Headline vs. Content: The headline states that core inflation fell to its lowest level since December 2021, but the article later mentions that core inflation was at 2.1% in December 2021.
- Inflation Rate: The article states that core inflation fell to 2.1% in October, but the Reuters poll of economists had forecast core inflation to come in at 2.5% in October.
- Accommodation Inflation: The article states that accommodation inflation edged down to 2.5% from 2.7% in October, but later forecasts it to come in lower next year.

Ambiguities:

- "Lower" Inflation: The article states that accommodation inflation is forecast to come in "lower" next year, but it doesn't specify what the expected rate is.
- "Firm Demand" for Cars: The article mentions "firm demand" for cars, but it doesn't clarify what this means for private transport inflation.
- "Risks to the Inflation Outlook are Relatively Balanced": The article mentions risks to the inflation outlook are relatively balanced, but it doesn't provide specific details about these risks.

Contradictions:

- Core Inflation Projection: The article states that core inflation is expected to remain at around 2% through to the end of 2024, but it also projects it to average 2.5 to 3% in 2024 as a whole.
- Overall Inflation Projection: The article states that overall inflation is expected to come in at around 2.5% for the whole of 2024, but it also projects it to average from 1.5% to 2.5% next year.

Overall, the article presents a somewhat confusing picture of Singapore's inflation outlook. The inconsistencies, ambiguities, and contradictions make it difficult to understand the full picture and draw definitive conclusions.

There are several data discrepancies in the article:

- Core inflation rate: The article states that core inflation fell to 2.1% in October, its lowest level in nearly three years. However, it also mentions that core inflation was at 2.1% in December 2021. This implies that the headline's claim of the lowest level in nearly three years is inaccurate.

- Forecasted vs. Actual core inflation: The article mentions that a Reuters poll of economists had forecast core inflation to come in at 2.5% in October. However, the actual core inflation rate was 2.1%. This discrepancy suggests that the forecast was off by 0.4%.

- Accommodation inflation: The article states that accommodation inflation edged down to 2.5% from 2.7% in October. However, it later forecasts accommodation inflation to come in lower next year. This suggests that the article is presenting conflicting information about the future trend of accommodation inflation.

These discrepancies highlight the importance of carefully scrutinizing data presented in news articles and reports. While the article provides valuable information about Singapore's inflation outlook, it's crucial to be aware of potential inconsistencies and discrepancies in the data.
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#2

(25-11-2024, 03:31 PM)Bigiron Wrote:  JUST IN: Singapore's core inflation has fallen to 2.1% in October, a level that has not been seen since December 2021. https://cna.asia/49mvgBP

Inconsistent, Ambiguity and Contradiction in the Article

The provided article, titled "Singapore's core inflation falls to 2.1% in October, lowest level since December 2021," from CNA, published on November 25, 2024, contains several inconsistencies, ambiguities, and contradictions.

Inconsistencies:

- Headline vs. Content: The headline states that core inflation fell to its lowest level since December 2021, but the article later mentions that core inflation was at 2.1% in December 2021.
- Inflation Rate: The article states that core inflation fell to 2.1% in October, but the Reuters poll of economists had forecast core inflation to come in at 2.5% in October.
- Accommodation Inflation: The article states that accommodation inflation edged down to 2.5% from 2.7% in October, but later forecasts it to come in lower next year.

Ambiguities:

- "Lower" Inflation: The article states that accommodation inflation is forecast to come in "lower" next year, but it doesn't specify what the expected rate is.
- "Firm Demand" for Cars: The article mentions "firm demand" for cars, but it doesn't clarify what this means for private transport inflation.
- "Risks to the Inflation Outlook are Relatively Balanced": The article mentions risks to the inflation outlook are relatively balanced, but it doesn't provide specific details about these risks.

Contradictions:

- Core Inflation Projection: The article states that core inflation is expected to remain at around 2% through to the end of 2024, but it also projects it to average 2.5 to 3% in 2024 as a whole.
- Overall Inflation Projection: The article states that overall inflation is expected to come in at around 2.5% for the whole of 2024, but it also projects it to average from 1.5% to 2.5% next year.

Overall, the article presents a somewhat confusing picture of Singapore's inflation outlook. The inconsistencies, ambiguities, and contradictions make it difficult to understand the full picture and draw definitive conclusions.

There are several data discrepancies in the article:

- Core inflation rate: The article states that core inflation fell to 2.1% in October, its lowest level in nearly three years. However, it also mentions that core inflation was at 2.1% in December 2021. This implies that the headline's claim of the lowest level in nearly three years is inaccurate.

- Forecasted vs. Actual core inflation: The article mentions that a Reuters poll of economists had forecast core inflation to come in at 2.5% in October. However, the actual core inflation rate was 2.1%. This discrepancy suggests that the forecast was off by 0.4%.

- Accommodation inflation: The article states that accommodation inflation edged down to 2.5% from 2.7% in October. However, it later forecasts accommodation inflation to come in lower next year. This suggests that the article is presenting conflicting information about the future trend of accommodation inflation.

These discrepancies highlight the importance of carefully scrutinizing data presented in news articles and reports. While the article provides valuable information about Singapore's inflation outlook, it's crucial to be aware of potential inconsistencies and discrepancies in the data.

It not oni good, hope is continue on good train too.
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#3

Noted: thank - good to know...There are several data discrepancies in the article: Sad

- Core inflation rate: The article states that core inflation fell to 2.1% in October, its lowest level in nearly three (3) years. However, it also mentions that core inflation was also at 2.1% in December 2021. This implies that the headline's claim of the lowest level in nearly three years is inaccurate.

- Forecasted vs. Actual core inflation: 
The article mentions that a Reuters poll of economists had forecast core inflation to come in at 2.5% in October. However, the actual core inflation rate was 2.1%. This discrepancy suggests that the forecast was off by 0.4%.

- Accommodation inflation: The article states that accommodation inflation edged down to 2.5% from 2.7% in October. However, it later forecasts accommodation inflation to come in lower next year. This suggests that the article is presenting conflicting information about the future trend of accommodation inflation.

These discrepancies highlight the importance of carefully scrutinizing data presented in news articles and reports. While the article provides valuable information about Singapore's inflation outlook, it's crucial to be aware of potential inconsistencies and discrepancies in the data.
[+] 1 user Likes Tee tiong huat's post
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#4

(26-11-2024, 01:13 PM)Tee tiong huat Wrote:  It not oni good, hope is continue on good train too.

At least, this train is good train, and not others some train, or many others, for some they can fell into a drain... crying
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#5

(26-11-2024, 01:26 PM)Tee tiong huat Wrote:  At least, this train is good train, and not others some train, or many others, for some they can fell into a drain... crying

This is just only my comment, thk. Others also can comment too, thank. ( Good or bad), thank gal and boy.... Big Grin
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#6

(26-11-2024, 01:30 PM)Tee tiong huat Wrote:  This is just only my comment, thk. Others also can comment too, thank. ( Good or bad), thank gal and boy.... Big Grin

Gemstar - Supreme Guru (Reputation: 188)
2 hours ago...thank to your thk too..
 
In actual: Fact, it is not exploitations on Oppositions part. But, it is the root and creations of the Govt own self makings that cause our country inflations to spiral out of controls. The lacks foresights and expertise in handlings our country many policies. It is a total mismanagements on their part to be blamed.
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#7

increase 30% never broadcast

reduce 2.1% become PAP cock suckers
[+] 1 user Likes grotesqueness's post
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#8

Heng ah, can eat $2 chicken rice already 😂
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#9

(26-11-2024, 01:26 PM)Tee tiong huat Wrote:  At least, this train is good train, and not others some train, or many others, for some they can fell into a drain... crying

Good to point out and also sometimes, also bad one too. And got problems, we all cannot say we don't no...right. Rotfl
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#10

(26-11-2024, 01:30 PM)Tee tiong huat Wrote:  This is just only my comment, thk. Others also can comment too, thank. ( Good or bad), thank gal and boy.... Big Grin

Hello to all...thank for commenting on me. (tee or tea also can lehh. Omg OMG  Rotfl
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#11

Quote:nconsistencies:

- Headline vs. Content: The headline states that core inflation fell to its lowest level since December 2021, but the article later mentions that core inflation was at 2.1% in December 2021.
- Inflation Rate: The article states that core inflation fell to 2.1% in October, but the Reuters poll of economists had forecast core inflation to come in at 2.5% in October.

Dun see anything wrong with CNA’s report leh if

a). The core inflation in October 2024 is 2.1%
b). the Reuter 2.5% was the forecast.

The core inflation of 2.5% is a good figure.

No face Liao. Talk so much about de-dollarisation,  yet issue USD bond to boost global dollar demand
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#12

What's the point of these statistics report when prices ae still expensive. Not that the prices have fallen.
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#13

(30-11-2024, 06:24 PM)revealer Wrote:  Dun see anything wrong with CNA’s report leh if

a). The core inflation in October 2024 is 2.1%
b).  the Reuter 2.5% was the forecast.

The core inflation of 2.5% is a good figure.

Something to note, good work continue from here...hopeful. thk.
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#14

https://tinyurl.com/3syu5jx8
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