In February 2019, MAS Core Inflation eased to 1.5% on a year-on-year (y-o-y) basis, from 1.7% in January, due to smaller increases in the costs of services, retail items and electricity & gas.1 Despite lower core inflation, CPI-All Items inflation edged up to 0.5% y-o-y, from 0.4% in the previous month, due to more gradual declines in private road transport and accommodation costs.
Please click here for the full press release.
MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
25 March 2019
1 Electricity & gas includes electricity, liquefied petroleum gas (LPG) and gas (for domestic use)