Food inflation moderated to 2.1% from
2.5% in February, on account of a slower rise in non-cooked food prices as
demand eased after the Chinese New Year.
Services inflation was stable at 1.5%.
The sharper increase in telecommunication services fees was offset by a decline
in air fares and a smaller pick-up in hospitalisation charges.
Accommodation cost was 2.2% lower in
March, extending the 2.1% decline in the previous month, as the housing rental
market continued to soften.
Private road transport cost fell by a
more moderate 4.0%, compared to the 5.8% drop in February, following the
increase in petrol duty rates.
Please click here for the press
release: Consumer Price Developments in March 2015.pdf
MINISTRY OF
TRADE AND INDUSTRY
MONETARY
AUTHORITY OF SINGAPORE
23 April 2015