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Press Release
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23 JUN 2017
Consumer Price Developments in May 2017
Consumer Price Developments in May 2017
CPI-All Items inflation rose to 1.4% in May from 0.4% in the preceding month, due to base effects associated with the timing of the disbursement of Service & Conservancy Charges (S&CC) rebates. Meanwhile, MAS Core Inflation edged down to 1.6% from 1.7% over the same period, mainly due to lower services inflation.
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MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 JUNE 2017