Singapore: CPI - All Items inflation rise to zero in Sept; fans allowed for sports events

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This brings an end to a consecutive five months of negative CPI-All Items inflation for Singapore.

SINGAPORE, Oct 23 : Ministry of Trade and Industry and Monetary Authority of Singapore said in a joint press release on Friday that Singapore's consumer price index for all items inflation rose from -0.4 per cent in August to zero in September.

Meanwhile, the MAS core inflation, which excludes the costs of accommodation and private road transport, came in at -0.1 per cent on a year-on-year basis in September, compared to a -0.3 per cent in August. The cost of electricity and gas fell by 14.2 per cent in September, compared to a 14.6 per cent decline in August. The slightly slower rate was attributed to the fact that the take-up of new subscriptions under the Open Electricity Market slowed.

The screening is part of a government pilot programme that will see people tested for Covid-19 before large-scale events.

 

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