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Consumer Price Developments in February 2020

Consumer Price Developments in February 2020

Summary

MAS Core Inflation fell to ‐0.1% on a year‐on‐year (y‐o‐y) basis in February, from 0.3% in January.
o This was largely due to a decline in the cost of services.

Similarly, CPI‐All Items inflation came in lower at 0.3% y‐o‐y in February, compared to 0.8% in the previous month.
o This occurred mainly due to the fall in core inflation as well as lower private transport inflation.

Please click here for the full press release.

MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 March 2020

 

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