1. Press releases
Consumer Price Developments in October 2014
24 November 2014
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Consumer Price Developments in October 2014
CPI-All Items inflation slowed to 0.1% in October from 0.6% in September, mainly on account of base effects associated with fluctuations in car Certificate of Entitlement (COE) premiums, as well as sharper declines in the costs of accommodation and oil-related items.
Private road transport cost decreased by 5.6%, following the 2.8% fall in September, largely due to the high base a year ago.
Accommodation cost declined by 1.0%, extending the 0.6% correction in the previous month, as a result of the soft housing rental market.
Please click here for the full press release:
Consumer Price Developments in October 2014.pdf
MINISTRY OF TRADE AND INDUSTRY
MONETARY AUTHORITY OF SINGAPORE
24 November 2014