Singapore's core inflation falls to -0.3% in December as costs of services decline
25 Jan 2021 01:47PM(Updated:
SINGAPORE: Consumer prices in Singapore declined in December last year, driven mainly by a larger fall in costs of services as well as lower food inflation.
Core inflation fell to -0.3 per cent year-on-year in December, compared with November’s -0.1 per cent, data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) showed on Monday (Jan 25).
25 Jan 2021 01:47PM(Updated:
SINGAPORE: Consumer prices in Singapore declined in December last year, driven mainly by a larger fall in costs of services as well as lower food inflation.
Core inflation fell to -0.3 per cent year-on-year in December, compared with November’s -0.1 per cent, data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) showed on Monday (Jan 25).