Consumer Price Developments in September 2024
23 October 2024
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
Summary
MAS Core Inflation edged up to 2.8% on a year-on-year (y-o-y) basis in September, from 2.7% in August.
This was due to an increase in retail & other goods inflation.
On a month-on-month (m-o-m) basis, core CPI rose by 0.1%.
CPI-All Items inflation eased to 2.0% y-o-y in September, from 2.2% in August.
This was mainly driven by a steeper fall in private transport costs, which more than offset the increase in core inflation.
On a m-o-m basis, CPI-All Items rose by 0.3%.
Download the full press release [PDF, 312 KB].
MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 October 2024