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Consumer Price Developments in October 2015

23 November 2015

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Consumer Price Developments in October 2015

 All Items inflation eased to -0.8% in October from -0.6% in September, mainly due to the lower costs of oil-related and retail items.  The cost of oil-related items fell by 10.1%, extending the 8.4% decline in the preceding month, as electricity tariffs were reduced further on the back of softer global oil prices.  The overall price of retail items was 0.1% lower, a reversal from the 0.6% rise a month earlier, due to a smaller increase in the price of clothing & footwear and cheaper personal care products.


Please click here for the press release: Inflation_Oct15.pdf


MINISTRY OF TRADE AND INDUSTRY
MONETARY AUTHORITY OF SINGAPORE
23 November 2015​

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