SINGAPORE'S core inflation in August eased slightly from its decade-low point in July but remained in negative territory for the seventh straight month.
The figure, which strips out road transport and accommodation costs, rose to -0.3 per cent year on year, up marginally from the -0.4 per cent seen in July 2020, according to data released by the Department of Statistics on Wednesday. Headline inflation, which includes all items, came in at -0.4 per cent year on year in August, unchanged from the previous month.
In specific categories, only food, household durables and services and communication saw inflation in the positive territory. Food inflation eased to 1.8 per cent, down from 2.2 per cent in July; household durables and services rose to 0.3 per cent in August, up from 0.2 per cent in July; and communication went up to 1.9 per cent from 1.4 per cent the previous month.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US existing home sales near 14-year high in AugustU.S. home sales surged to their highest level in nearly 14 years in August as the housing market continued to outperform the broad economy, though ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singapore shares rise at Wednesday's open tracking US gains; STI up 0.3%SINGAPORE stocks started the day higher on Wednesday amid stronger openings from several index counters and major US indices closing in positive territory on Tuesday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Sun halo spotted in Singapore - here are some photosSpotted across Singapore today, the bright ring of light is not a common sight in Singapore.
Source: YahooSG - 🏆 3. / 71 Read more »
MPA, SMI call for proposals on harbourcraft electrification to reduce carbon dioxide emissionsSINGAPORE: The Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI) have launched a call for proposals on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
MAS ‘closely studying' reports on 'FinCEN' leak that mentioned Singapore banks in suspicious transactionsSINGAPORE: The Monetary Authority of Singapore (MAS) said on Monday (Sep 21) it is “closely studying” media reports mentioning Singapore banks in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US existing home sales near 14-year high in AugustU.S. home sales surged to their highest level in nearly 14 years in August as the housing market continued to outperform the broad economy, though ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »