Press Release | 23 MAR 2021 Consumer Price Developments in February 2021 Consumer Price Developments in February 2021 Summary MAS Core Inflation rose to 0.2% on a year‐on‐year (y‐o‐y) basis in February, from ‐0.2% in January. This was due to an increase in services costs as well as higher food inflation. CPI‐All Items inflation picked up to 0.7% in February, from 0.2% in January. The increase was driven by higher private transport inflation, in addition to the rise in core inflation. Please click here for full press release.