Singapore: Inflation accelerates in August
October 14, 2022
Inflation came in at 7.5% in August, up from July’s 7.0%. July's figure marked the highest inflation rate since June 2008. Meanwhile, the trend pointed up, with annual average inflation coming in at 5.0% in August (July: 4.5%).
Meanwhile, consumer prices rose 0.94% in August over the previous month, following the 0.15% increase logged in July.