Inflation in Oct still above 5% - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**Suvaxal** · 11-23-2011, 03:16 PM

AsiaOne
Wednesday, Nov 23, 2011

SINGAPORE - The consumer price index (CPI) increased by 5.4 per cent in October 2011, reflecting mainly higher costs of accommodation, private road transport and food.

According to the Department of Statistics, transport rose 10.5 per cent in October, compared with last year, while housing rose 9.9 per cent. Food was 3.5 per cent more expensive.

But the pace of price increases has slowed, with the CPI rising just 0.4 per cent in October, comapared with September.

Inflation is expected to be at 5 per cent for the whole year, said MAS, but should ease next year to between 2.5 per cent and 3.5 per cent.

11-23-2011, 03:16 PM	#1
Suvaxal Join Date Oct 2005 Posts 515 Senior Member	Inflation in Oct still above 5% AsiaOne Wednesday, Nov 23, 2011 SINGAPORE - The consumer price index (CPI) increased by 5.4 per cent in October 2011, reflecting mainly higher costs of accommodation, private road transport and food. According to the Department of Statistics, transport rose 10.5 per cent in October, compared with last year, while housing rose 9.9 per cent. Food was 3.5 per cent more expensive. But the pace of price increases has slowed, with the CPI rising just 0.4 per cent in October, comapared with September. Inflation is expected to be at 5 per cent for the whole year, said MAS, but should ease next year to between 2.5 per cent and 3.5 per cent. Share Share this post on Digg Del.icio.us Technorati Twitter
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