MAS Core Inflation was 0.8% on a year-on-year (y-o-y) basis in August, unchanged from July, as a steeper fall in the costs of retail goods and electricity & gas was offset by higher food and services inflation. Meanwhile, CPI-All Items inflation edged up to 0.5% y-o-y in August, from 0.4% in the previous month, reflecting higher private road transport inflation and a smaller decline in accommodation costs.
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MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 September 2019