Serious Singapore in deflationary spiral

[Runifyouhaveto]

Singapore April all-items CPI falls on-year for 18th month
http://www.cnbc.com/2016/05/23/singapore-april-all-items-cpi-falls-on-year-for-18th-month.html

Singapore's headline consumer price index fell in April from a year earlier for a record 18th straight month, but the pace of decline moderated due to a low-base comparison, official data showed on Monday.



We are in deflation mode.

 

[yahoo55]

Not deflating enough, Singapore is still too expensive.

MAS Core Inflation did not deflate but rose by 0.3% in April, which means Sinkie's food and healthcare prices have risen last month.