News Formal

Inflation eased to 5% in January for first time in 14 months | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Inflation eased to 5% in January for first time in 14 months, reports ConalThomas.

The CSO’s latest consumer price index showed the sector with the largest increase in the year to January was transport. Picture: Getty

Annual inflation eased back to 5 per cent last month after a 20-year high in December, according to figures released today by the Central Statistics Office. Consumer prices in January decreased by 0.4 per cent month-on-month. This is the first monthly decrease following 14 months of rising prices. Prices have been rising on an annual basis since April 2021, with annual inflation of 5 per cent or more each month since October, and a record high...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chapter One turns the page | Business PostFollowing news that Chapter One in Dublin was awarded two stars in the new Michelin Guide Great Britain and Ireland 2022, read the cover story by gnelis in July's foodandwineireland magazine as they prepared to open the new iteration of the restaurant.
Source: businessposthq - 🏆 8. / 71 Read more »