25 Jan '12, 5am

Singapore inflation up at a 'more moderate' rate of 5.5% in Dec compared to previous year

Singapore inflation up at a 'more moderate' rate of 5.5% in Dec compared to previous year

Singapore's Consumer Price Index rose at a more moderate rate of 5.5 per cent in December compared to the previous year mainly due to a smaller increase in the cost of private road transport, the Ministry of Trade and Industry said. -- ST PHOTO: ALPHONSUS CHERN Singapore's Consumer Price Index rose at a more moderate rate of 5.5 per cent in December compared to the previous year mainly due to a smaller increase in the cost of private road transport, the Ministry of Trade and Industry said. The cost of private road transport rose at a slower pace of 12 per cent year-on-year compared to 14 per cent in the preceding month, as the increase in car COE premiums and petrol pump prices eased slightly. For the whole of 2011, inflation was at an average of 5.2 per cent, the MTI added. Background story Read also: Inflation for households up 5.2% in 2011 Inflation in 2012 is expected ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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Inflation for households up 5.2% in 2011

straitstimes.com 25 Jan '12, 7am

Compared with 2010, the consumer price index (CPI) for general households increased by 5.2 per cent in 2011. -- ST PHOTO: ...

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