Consumer Price Developments in September 2013
CPI-All Items inflation was lower at 1.6% y-o-y in September
CPI-All Items inflation eased to 1.6% in September from 2.0% in August, largely on account of the decline in private road transport cost. Private road transport cost fell by 2.0% after rising marginally by 0.1% in August. The correction in car prices was due to the high base a year ago, and more than offset the increase in petrol pump prices.
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MINISTRY OF TRADE AND INDUSTRY
MONETARY AUTHORITY OF SINGAPORE
23 October 2013