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Press Release
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24 MAY 2021
Consumer Price Developments in April 2021
Consumer Price Developments in April 2021
Summary:
- MAS Core Inflation edged up to 0.6% on a year-on-year (y-o-y) basis in April, up from 0.5% in March.
- This was driven by smaller declines in the costs of electricity & gas and retail & other goods.
- CPI‐All Items inflation rose to 2.1% y-o-y in April, from 1.3% in March.
- This reflected higher private transport and accommodation inflation, as well as the increase in core inflation.
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