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Singapore Dec headline CPI rises 0.2 percent from year earlier

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Reuters SINGAPORE
Last Updated : Jan 23 2017 | 11:28 AM IST

SINGAPORE (Reuters) - Singapore's headline consumer prices index rose from a year earlier due to an increase in private road transport cost, data showed on Monday.

The all-items consumer price index (CPI) in December rose 0.2 percent from a year earlier. The median forecast in a Reuters poll was for headline CPI to rise 0.1 percent from a year earlier.

In November, headline CPI showed zero inflation, coming off a deflationary trend for the first time in two years.

Singapore's core CPI rose slightly less than expected at 1.2 percent in December from a year earlier. The median forecast was a rise of 1.3 percent.

All items CPI was -0.5 percent for the whole of 2016.

(Reporting by Fathin Ungku; Editing by Gopakumar Warrier)

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First Published: Jan 23 2017 | 11:24 AM IST

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