Singapore October headline CPI falls 0.1 percent year-on-year, down for 24th month

Last Updated: Wed, Nov 23, 2016 12:46 hrs
People look out from the observation tower of the Marina Bay Sands amongst public and private residential apartment buildings in Singapore

SINGAPORE  - Singapore's headline consumer price index fell in October from a year earlier, dragged down by lower costs of accommodation, data showed on Wednesday.

The all-items consumer price index (CPI) in October slipped 0.1 percent from a year earlier, after falling 0.2 percent in September.

The median forecast in a Reuters poll was for headline CPI to be flat from a year earlier.

Singapore's core CPI rose 1.1 percent in October from a year earlier. The median forecast was a rise of 1.2 percent.

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