Inflation inched up to 1.9% in December

Submitted By:  Arianna Danganan Case Study:  No The faster MoM growth came as the prices of services and retail items picked up pace. Singapore’s core inflation excluding the costs of accommodations and private road transport rose to 1.9% on a YoY basis in December 2018 from 1.7% in November, according to data from the Singapore Department of Statistics (SingStat). The rise was on the back of larger increases in services and retail costs, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) explained in a statement. read more