Singapore's inflation trends stable

Singapore's inflation trends have been low and stable overall. Core inflation, which strips out accommodation and private road transport expenses, has mostly been between 0 per cent and 2 per cent over the past 10 years.
Singapore's inflation trends have been low and stable overall. Core inflation, which strips out accommodation and private road transport expenses, has mostly been between 0 per cent and 2 per cent over the past 10 years.PHOTO: ST FILE

Average inflation rate for past two decades is relatively low compared with others in region

Education and healthcare costs have been the key domestic inflation drivers in recent years, but overall prices here have remained relatively low, despite turbulence and uncertainty in the global economy, say analysts.

The consumer price index (CPI) figures are released every month to track how much the prices of goods have changed, compared with the same period the year before. But it is not always clear what these figures mean for Singaporeans.

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A version of this article appeared in the print edition of The Straits Times on May 22, 2019, with the headline 'S'pore's inflation trends stable'. Print Edition | Subscribe