SINGAPORE (Reuters) - Singapore's headline consumer price index fell more than expected in May on a year-on-year basis, dragged down by lower accommodation costs, official data showed on Thursday.
The all-items consumer price index (CPI) fell 1.6 percent from a year earlier, after falling 0.5 percent in April. The median in a Reuters survey was for a decline of 0.8 percent in May.
Singapore's core inflation gauge rose 1.0 percent in May from a year earlier, after rising 0.8 percent in April, and was below the median forecast for a 1.2 percent increase.
(Reporting by Masayuki Kitano; Editing by Shri Navaratnam)
