FOREX TradingCharts.com

Financial News: Singapore Consumer Prices Steady In December

Singapore Consumer Prices Steady In December

01/25/2021 - 03:17:00 (RTTNews)

(RTTNews) - Singapore's consumer prices remained stable in December, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Monday.

The consumer price index remained unchanged year-on-year in December, after a 0.1 percent decline in November. Economists had expected a 0.1 percent fall.

This latest consumer prices outcome was largely due to a rise in prices for private transportation cost.

MAS core CPI, which excludes the costs of accommodation and private road transport, fell 0.3 percent annually in December, following a 0.1 percent decrease in the preceding month. Economists had expected a 0.1 percent fall.

In 2020, both MAS core CPI and consumer prices declined 0.2 percent from a year ago.

The statistical office expects external inflation to rise in the coming quarters, amid a recovery in global oil prices.

Both MAS Core Inflation and CPI-All Items inflation are forecast to average -0.2 percent this year, the statistical office and MAS said.

Next year, MAS Core Inflation is expected to average 0-1 percent, while the CPI-All Items inflation is projected to be between -0.5 and 0.5 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


China Services Sector Slows In February - Caixin (46 sec(s) ago)
(RTTNews) - The services sector in China continued to expand in February, albeit at a slower pace, ...Full Story»

Australia GDP Expands 3.1% On Quarter In Q4 (40 min(s), 46 sec(s) ago)
(RTTNews) - Australia's gross domestic product gained a seasonally adjusted 3.1 percent on qua ...Full Story»

Japan Services PMI Improves To 46.3 In February - Jibun (15 min(s), 46 sec(s) ago)
(RTTNews) - The services sector in Japan continued to contract in February, albeit at a slower pac ...Full Story»

Hong Kong Private Sector Climbs Into Expansion - Markit (46 sec(s) ago)
(RTTNews) - The private sector in Hong Kong moved into expansion territory in February, the latest ...Full Story»

Singapore Private Sector Accelerates In February - Markit (52 min(s), 46 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in February, and at a faster pace, ...Full Story»

Australia GDP Climbs 3.1% On Quarter In Q4 (48 min(s), 46 sec(s) ago)
(RTTNews) - Australia's gross domestic product expanded a seasonally adjusted 3.1 percent on q ...Full Story»

Australia Construction Index Eases To 57.4 In February - AiG (25 min(s), 46 sec(s) ago)
(RTTNews) - The construction sector in Australia continued to expand in February, albeit at a slig ...Full Story»

Australia Services Sector Slows In February (25 min(s), 46 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in February, albeit at a slightly ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

China Services Sector Slows In February - Caixin

03/02/2021 - 20:50 PM (RTTNews)
(RTTNews) - The services sector in China continued to expand in February, albeit at a slower pace, ...Full Story>>

Australia GDP Expands 3.1% On Quarter In Q4

03/02/2021 - 20:30 PM (RTTNews)
(RTTNews) - Australia's gross domestic product gained a seasonally adjusted 3.1 percent on qua ...Full Story>>

Japan Services PMI Improves To 46.3 In February - Jibun

03/02/2021 - 20:05 PM (RTTNews)
(RTTNews) - The services sector in Japan continued to contract in February, albeit at a slower pac ...Full Story>>

Hong Kong Private Sector Climbs Into Expansion - Markit

03/02/2021 - 19:50 PM (RTTNews)
(RTTNews) - The private sector in Hong Kong moved into expansion territory in February, the latest ...Full Story>>

Singapore Private Sector Accelerates In February - Markit

03/02/2021 - 19:42 PM (RTTNews)
(RTTNews) - The private sector in Singapore continued to expand in February, and at a faster pace, ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.