Inflation down 0.1% in February

Submitted By:  Nathanielle Punay Case Study:  No Falling costs of airfares and holiday expenses dropped. Core inflation dipped 0.1% YoY in February, reversing the 0.3% growth recorded in January, according to data from the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI). The inflation decline was due to a 4% YoY fall in the cost of services as airfares and holiday expenses dropped. Likewise, CPI‐all items inflation fell to 0.3% YoY in February, which was dragged by lower private transport inflation. read more