Singapore August Headline CPI falls 0.3 pct y/y

Singapore's headline consumer price index fell in August, dragged down by declines in the costs of housing and transportation, data showed on Friday. 

 

The all-items consumer price index (CPI) in August declined 0.3 percent from a year earlier, after falling 0.7 percent in July. 

 

It marked 22 straight months of declines for the index, and compared with a 0.4 percent median slide forecast in a Reuters survey. Singapore's core CPI rose 1.0 percent in August from a year earlier. The median forecast was for a rise of 1.1 percent. 

 

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