1. Press releases
Consumer Price Developments in March 2015
23 April 2015
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CPI-All Items inflation was -0.3% in March, similar to that in February. While food inflation eased and accommodation cost fell more steeply, the decline in private road transport cost was more modest.
Food inflation moderated to 2.1% from 2.5% in February, on account of a slower rise in non-cooked food prices as demand eased after the Chinese New Year.
Services inflation was stable at 1.5%. The sharper increase in telecommunication services fees was offset by a decline in air fares and a smaller pick-up in hospitalisation charges.
Accommodation cost was 2.2% lower in March, extending the 2.1% decline in the previous month, as the housing rental market continued to soften.
Private road transport cost fell by a more moderate 4.0%, compared to the 5.8% drop in February, following the increase in petrol duty rates.
Please click here for the press release:
Consumer Price Developments in March 2015.pdf
MINISTRY OF TRADE AND INDUSTRY
MONETARY AUTHORITY OF SINGAPORE
23 April 2015