Singapore July all-items CPI rises 0.6 percent year-on-year, less than expected

Image
Reuters SINGAPORE
Last Updated : Aug 23 2017 | 10:57 AM IST

SINGAPORE (Reuters) - Singapore's headline consumer price index in July rose 0.6 percent from a year earlier, with the pace picking up slightly compared with the previous month, on the back of higher retail and water prices, data showed on Wednesday.

The year-on-year rise in the all-items CPI, however, was less than the 0.8 percent increase predicted by the median forecast in a Reuters survey. In June, headline CPI had risen 0.5 percent from a year earlier.

Singapore's core CPI rose 1.6 percent in July from a year earlier, after increasing 1.5 percent in June. The median forecast in a Reuters survey was for a rise of 1.6 percent.

(Reporting by Masayuki Kitano; Editing by Jacqueline Wong)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 23 2017 | 10:46 AM IST

Next Story