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Singapore Inflation Stable At 1.2%

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Singapore consumer prices logged a steady increase in November, a joint report from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed Tuesday.

The consumer price index rose 1.2 percent from a year ago, the same rate of growth as seen in October.

MAS core inflation also held steady at 1.2 percent in November. This was because higher services inflation was offset by lower retail and other goods inflation and a steeper decline in the cost of electricity and gas.

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