Prices are increasing at a slower pace in Singapore, with both headline and core figures coming down in March. Headline inflation eased to 2.7%, its lowest in two and a half years. Core inflation, which excludes accommodation and private transport, is down to 3.1%. In an interview, SMU Assistant Professor of Finance (Education) Aurobindo Ghosh discussed the Consumer Price Index and the effects of Singapore’s easing core inflation, as well as the influence of geopolitics on inflation.