Singapore - Inflaatio

Singapore's annual inflation rate was at 0.4 percent in October 2019, compared to market expectations and the previous month's figure of 0.5 percent. This was the lowest inflation rate in three months on the back of a further fall in cost of housing & utilities. On a month-on-month basis, consumer prices dropped 0.4 percent in October, after a flat reading in September.

Singapore's annual inflation rate came in at 0.5 percent in September 2019, unchanged from the previous month, and matching market consensus. Transport prices slowed and housing & utilities cost fell further while food inflation was steady. On a month-on-month basis, consumer prices were flat in September, after a 0.5 percent gain in August.

Singapore's annual inflation rate edged up to 0.5 percent in August 2019 from a six-month low of 0.4 percent in the previous month, matching market consensus. Transport and food prices rose at a faster pace while housing deflation eased. The core inflation rate, which excludes the costs of accommodation and private road transport, was 0.8 percent in August, unchanged from the previous month's three-year low.

Singapore's annual inflation rate fell to 0.4 percent in July 2019 from 0.6 percent in the previous month and below market expectations of 0.55 percent. That was the lowest inflation rate since January, amid a steeper fall in cost of housing & utilities while food inflation was steady for the third straight month. On a month-on-month basis, consumer prices dropped by 0.4 percent in July, faster than a 0.2 percent fall in June.

Singapore's annual inflation rate fell to 0.6 percent in June 2019 from a two-year high of 0.9 percent in the previous month and below market expectations of 0.7 percent. That was the lowest inflation rate since March, amid a marked slowdown in transport prices and a further fall in cost of housing & utilities. On a month-on-month basis, consumer prices dropped by 0.2 percent in June, reversing from a 0.7 percent rise in May.

Singapore's annual inflation rate edged up unexpectedly to a two year-high of 0.9 percent in May 2019 from 0.7 percent in the previous month and above market expectations of 0.7 percent. Both prices of food and transport rose faster, with cost of housing declining less. On a month-on-month basis, consumer prices rose 0.7 percent in May, the first monthly increase in three months, after a 0.3 percent decline in April.