Sin­ga­pore’s CPI falls in Au­gust

China Daily (USA) - - BUSINESS -

Sin­ga­pore’s Con­sumer Price In­dex fell by 0.3 per­cent in Au­gust year-onyear, the 22nd straight month of de­cline, ac­cord­ing to the lat­est data jointly re­leased by Min­istry of Trade and In­dus­try and Mon­e­tary Au­thor­ity of Sin­ga­pore on Fri­day. CPI-All Items in­fla­tion dipped 0.3 per­cent in Au­gust year-on-year, com­pared to the 0.7 per­cent drop in July. This mainly re­flected a smaller de­cline in pri­vate road trans­port cost, and to a smaller ex­tent, higher ser­vices in­fla­tion.

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