Singapore's CPI growth increases in Feb.
Date
3/26/2019 5:15:51 AM
(MENAFN) Singapore's Consumer Price Index (CPI) has jumped 0.5 percent year on year in February, after the 0.4 percent increase in January, according to the Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS).
The MAS Core Inflation has declined from 1.7 percent on a year-on-year basis in the previous month to 1.5 percent this February.
The authorities said the CPI growth has recovered slightly due to more gradual declines in private road transport and accommodation costs, which prevailed over lower inflation for services, retail items and electricity and gas.
The decline in MAS Core Inflation was attributed to smaller increases in the costs of services, retail items and electricity and gas.
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