Singapore skyline

Singapore Inflation February 2020

Singapore: Inflation eases in February as coronavirus causes airfares to fall

Consumer prices rose 0.1% month-on-month in February, swinging from the 0.2% drop in January, on the back of pricier food; housing and utilities; household durables and services; and clothing and footwear. This more than offset cheaper transport.

Inflation, meanwhile, eased to 0.3% in February from January’s 0.8%, with annual average inflation stable at January’s 0.6%. Lastly, the Monetary Authority of Singapore’s measure of core price pressures, which excludes accommodation and private road transport costs, fell 0.1% year-on-year in February, contrasting January’s 0.3% increase. Lower inflation in February was driven partly by Covid-19 causing air fares to tumble.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest