The decline in Singapore’s core inflation deepened in December 2020, while the headline measure improved.

Core inflation – which gauges price increments to sectors other than accommodation and private transport – was down by -0.3% year-on-year, according to the Consumer Price Index (CPI) released by the Department of Statistics (Singstat) on Jan 25.

This is a slip from the -0.1% posted in November and follows a larger decline in services costs as well as food inflation.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook