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Consumer Price Developments in June 2021

Consumer Price Developments in June 2021

Summary:

MAS Core Inflation eased to 0.6% on a year‐on‐year (y‐o‐y) basis in June, from 0.8% in May.

  • This largely reflected the steeper decline in the cost of retail & other goods.

CPI‐All Items inflation came in at 2.4% y‐o‐y in June, unchanged from May.

  • The sharper drop in the cost of retail & other goods was broadly offset by  the pickup in private transport and accommodation inflation.

On a month‐on‐month basis, core CPI fell by 0.2% in June, while CPI‐All Items was  unchanged.

Please click here for the full press release.

MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY

23 July 2021

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