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Singapore Inflation September 2018

Singapore: Inflation stable in September, while core inflation eases slightly

Consumer prices were flat over the previous month in September, following a 0.4% uptick in August. According to data released by Statistics Singapore, higher prices for education and food were offset by lower prices for housing and utilities, and communication.

Inflation increased 0.7% in September, rising by the same rate as in August, while annual average inflation was stable at 0.4%. Meanwhile, the Monetary Authority of Singapore’s (MAS) core inflation measure, which omits the costs of accommodation and private road transport, inched down to 1.8% in September from 1.9% in August on softer retail and food inflation.

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