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Showing posts with label Singapore's March CPI up 5% on-year. Show all posts
Showing posts with label Singapore's March CPI up 5% on-year. Show all posts

Singapore's March CPI up 5% on-year, 0.1% on-month

Singapore's consumer price index rose five per cent on year in March, after a similar five per cent rise in February.

The inflation rate was in line with economist forecasts.

Compared with the month before, consumer prices was almost flat, rising just 0.1 per cent, according to the Department of Statistics (DOS).

DOS said the higher costs of housing, clothing and footwear, as well as "recreation and others" was partially offset by the lower cost of transport.

On a month-on-month basis, housing costs rose 0.6 per cent, due to higher accommodation costs.

Prices of clothing and footwear were up 2.5

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