Singapore consumer prices up 1.6% on-year in March
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Singapore consumer prices up 1.6% on-year in March
By Mok Fei Fei | Posted: 23 April 2010 1342 hrsSINGAPORE : Singapore's consumer prices climbed for the third straight month in March, reflecting mainly higher costs of transport, food and education and stationery.
Data released by the Department of Statistics showed the consumer price index (CPI) in March rose by 1.6 per cent on-year.
On a month-on-month basis, it appears inflation has stabilised with CPI up marginally by 0.1 per cent in March.
Compared to last year, cost of transport increased by 10.1 per cent due to higher prices of cars and fuel.
While food prices crept up by 0.9 per cent as a result of price increases in seafood and prepared meals.
However, housing cost fell by 0.7 per cent on the back of lower accommodation costs.
For the first quarter this year, the consumer price index was 0.9 per cent higher on-year.
Excluding accommodation costs, the consumer price index was 1.7 per cent higher during the same period.
- CNA/il -
LOL.... Increase increase.
Economy slightly better, our (students) lives become harder.
I am getting weekly allowances from my parents, and it will be not be increasing. LOL...
I am getting lower standards of living. LOL...
I am a victim. -
hard on the retirees too.
