Singapore Dec headline CPI rises 0.2 percent from year earlier

SINGAPORE (Reuters) - Singapore's headline consumer prices index rose from a year earlier due to an increase in private road transport cost, data showed on Monday.

The all-items consumer price index (CPI) in December rose 0.2 percent from a year earlier. The median forecast in a Reuters poll was for headline CPI to rise 0.1 percent from a year earlier.

In November, headline CPI showed zero inflation, coming off a deflationary trend for the first time in two years.

Singapore's core CPI rose slightly less than expected at 1.2 percent in December from a year earlier. The median forecast was a rise of 1.3 percent.

 

All items CPI was -0.5 percent for the whole of 2016.

(Reporting by Fathin Ungku; Editing by Gopakumar Warrier)