Both CPI-All Items inflation and MAS Core Inflation were lower in December, at 0.4% and 1.3% respectively, compared to 0.6% and 1.5% in November. This mainly reflected lower services inflation, and in the case of CPI-All Items inflation, a smaller year-ago increase in the cost of private road transport as well.
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MONETARY AUTHORITY OF SINGAPORE
MINISTRY OF TRADE AND INDUSTRY
23 JANUARY 2018