AA
A
A

Consumer Price Developments in January 2012

Consumer Price Developments in January 2012

CONSUMER PRICE DEVELOPMENTS IN JANUARY 2012

 
 
Singapore’s CPI-All Items inflation eased to 4.8% y-o-y in January 2012
 
CPI-All Items inflation eased from 5.5% in December 2011 due largely to lower contribution from private
road transport cost. This reflected the high base last year when COE premiums surged.
 
 
And CPI less imputed rentals on owner-occupied accommodation increased by a lower 3.5%
 
Accommodation cost rose by 10% y-o-y and remained the single largest contributor to CPI-All Items
inflation. In particular, the owner-occupied accommodation (OOA) sub-group, with a 15.6% weight in the
CPI basket, contributed 1.8% points to CPI-All Items inflation. This reflected the sharp rise in market
residential rentals. Accordingly, inflation as measured by CPI less imputed rentals on OOA (CPI-ex OOA)
was lower at 3.5%.
 
Click here for the full press release.


MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 February 2012
HOME ABOUT US TRADE INDUSTRIES PARTNERSHIPS NEWSROOM RESOURCES CAREERS
Contact Us Feedback