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.
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MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 July 2021