Singapore's December headline CPI rises 0.2% from year earlier

Singapore's December headline CPI rises 0.2% from year earlier

Singapore`s headline consumer prices index (CPI) rose from a year earlier due to an increase in private road transport cost, data showed on Monday. 

The all-items consumer price index (CPI) in December rose 0.2% from a year earlier. The median forecast in a Reuters poll was for headline CPI to rise 0.1% from a year earlier. 

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In November, headline CPI showed zero inflation, coming off a deflationary trend for the first time in two years.

Singapore`s core CPI rose slightly less than expected at 1.2% in December from a year earlier. The median forecast was a rise of 1.3%. 

All items CPI was minus 0.5% for the whole of 2016.

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Written By: Reuters
Updated: Mon, Jan 23, 2017
12:17 PM IST
Singapore , Reuters
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