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Singapore's consumer price index grows across all household income groups in 1H2021

Atiqah Mokhtar
Atiqah Mokhtar7/23/2021 3:23 PM GMT+08  • 2 min read
Singapore's consumer price index grows across all household income groups in 1H2021
The increase is partly due to low base effects from the previous year.
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The consumer price index (CPI) for general households increased by 1.5% y-o-y for the first half of the year, according to data released by the Singapore Department of Statistics (Singstat) on July 23.

This was partly due to low base effects as CPI had fallen by 0.2% y-o-y in the same period last year.

By household income groups, the CPI rose by 0.9%, 1.4% and 1.9% y-o-y for the lowest 20%, middle 60% and highest 20% income groups respectively.

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