Consumer Price Developments in June 2015
All Items inflation came in at -0.3% in June, compared to -0.4% in May, mainly on account of larger increases in the costs of services, food, and private road transport.
Services inflation increased slightly to 0.5% in June1, with the sharper decline in air fares and healthcare services fees more than offset by the higher costs of hotel stays and telecommunication services.
Food inflation picked up to 2.0%, from 1.8% in the previous month, reflecting sharper price increases for hawker meals and restaurant food.
Please click here for the press release: InflationJun15.pdf
MINISTRY OF TRADE AND INDUSTRY
MONETARY AUTHORITY OF SINGAPORE
23 July 2015