Singapore has begun 2021 on a positive note, with headline inflation coming in positive in January after months of being in the red.

Headline inflation – which measures the total inflation in the economy – edged up by 0.2% y-o-y in January, according to the Consumer Price Index (CPI) released by the Department of Statistics (Singstat) on Feb 23.

This is up from the 0% posted in December 2020 and follows an increase in the prices of accommodation and transport.

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