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Singapore s core inflation positive for third consecutive month in April Toggle share menu
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Singapore s core inflation positive for third consecutive month in April
A woman walks along a promenade at the Raffles Place financial business district in Singapore on Apr 20, 2021. (Photo: AFP/Roslan Rahman)
24 May 2021 02:23PM (Updated:
24 May 2021 02:30PM) Share this content
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SINGAPORE: Consumer prices in Singapore rose in April, driven by smaller declines in electricity and gas costs, as well as retail and other goods, data showed on Monday (May 24).
This is the third straight month that Singapore s core inflation has remained positive.
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Core inflation rose 0.6 per cent year-on-year in April, an increase from 0.5 per cent in March, according to data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI).