Consumer Price Developments in April 2013
CPI-All Items inflation eased to 1.5% in April from 3.5% in March. This moderation, which had been anticipated in the March Inflation Report, largely reflected the continued effects of the motor vehicle-related policy measures introduced since late February, as well as the temporary impact from the disbursement of government rebates for HDB service & conservancy charges (S&CC).
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MINISTRY OF TRADE AND INDUSTRY
MONETARY AUTHORITY OF SINGAPORE
23 April 2013