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Consumer Price Developments in October 2020

Consumer Price Developments in October 2020

  • MAS Core Inflation came in at ‐0.2% on a year‐on‐year (y‐o‐y) basis in October, lower than the ‐0.1% in September.
    • There were steeper declines in the costs of services and retail & other goods, as well as lower food inflation.
  • CPI‐All Items inflation fell to ‐0.2% y‐o‐y in October, from 0% in September.
    • The cost of private transport saw a sharper drop while accommodation inflation came in lower, in addition to the fall in core inflation.

Please click here  for the full press release.

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