Consumer Price Developments in February 2016
CPI-All Items inflation eased to -0.8% year-on-year (y-o-y) in February
CPI-All Items inflation eased to -0.8% in February from -0.6% in January, due to a steeper decline in the
costs of private road transport and accommodation.
Private road transport cost fell by 3.9%, compared to the 1.8% drop a month ago, on account of a larger
fall in car prices amid weaker Certificate of Entitlement (COE) premiums, as well as a slower pace of
increase in petrol pump prices.
Please click here for the press release: Consumer Price Developments in February 2016.pdf
MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 March 2016