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Singapore's Oct inflation drops by 0.2%

Amala Balakrishner
Amala Balakrishner11/23/2020 6:16 PM GMT+08  • 4 min read
Singapore's Oct inflation drops by 0.2%
Singapore’s CPI dropped in October
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Singapore’s core and headline inflation eased in October, just a month after showing signs of an increase.

Core inflation – which gauges price increments to sectors other than accommodation and private transport – was down by -0.2% year-on-year, according to the Consumer Price Index (CPI) released by the Department of Statistics (Singstat) on Nov 23.

This is a marginal slip from the -0.1% posted in October and follows lower cost of services and retail.

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